Hossam Mounir

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CBE poised to decide on interest rates after 525 bps cuts in 2025

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…

Hossam Mounir

EGP 84.7bn in non-banking finance for MSMEs in July 2025: FRA

The Financial Regulatory Authority (FRA) announced that outstanding balances of companies and…

Hossam Mounir

14 countries account for 68.3% of Egypt’s foreign trade: CBE

The Central Bank of Egypt (CBE) announced that trade exchange between Egypt…

Hossam Mounir

United Bank revives 25 troubled factories across key sectors

The United Bank has announced the successful revival of 25 troubled factories…

Hossam Mounir

CBE reports EGP 40.3bn in net profit for August 2025

The Central Bank of Egypt (CBE) recorded net profits of EGP 40.346bn…

Hossam Mounir

Banks’ financial position in Egypt surges to EGP 24.023trn in June 2025: CBE

The Central Bank of Egypt (CBE) announced that the aggregate financial position…

Hossam Mounir

CBE net foreign assets climb to $10.6bn in August 2025

The Central Bank of Egypt (CBE) announced that its net foreign assets…

Hossam Mounir

NBE raises financing for Magic Land Al Hokair’s TANZA project to EGP 1.2bn

The National Bank of Egypt (NBE) has signed an agreement to raise…

Hossam Mounir

Foreign assets in Egypt’s banking sector climb to $18.5bn in July 2025

The Central Bank of Egypt (CBE) has reported a sharp rise in…

Hossam Mounir

IDB signs EGP 1.13bn credit facility agreement with Raya

The Industrial Development Bank (IDB) has signed a credit facility agreement worth…

Hossam Mounir