Hossam Mounir

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Central Bank of Egypt justifies inflation hike during July 2021

Egypt’s annual headline urban inflation increased to 5.4% in July 2021, compared…

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Central Bank of Egypt receives 33 bids worth €792m for euro-denominated T-bills

CBE accepts 27 offers, worth €622m, with average interest of 1.396

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Egypt injects EGP 2.8bn into over 87k small, micro projects in H1 2021

Minister Nevin Gamea urges citizens to benefit from MSMEDA services to finance…

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Abu Dhabi Commercial Bank – Egypt reports net profit rise of 83% in H1 2021

Bank continues expansion plans, emphasises brand, and finalises measures to raise capital:…

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Egypt’s external debt increases to $134.8bn in March 2021: Central Bank

Long-term debt accounts for $121.5bn (90.2%) of total external debt, while short-term…

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Foreign investments in Egypt’s T-bills increase to $22.866bn in June 2021: CBE

Net foreign assets in Egypt’s banking system up by EGP 125.8bn from…

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Bahrain’s Bank ABC acquires 99.5% of BLOM Bank Egypt

Acquisition deal valued at $425m

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Egypt’s annual urban inflation rises to 5.4% in July 2021

Annual core inflation computed by CBE records 6.4% in July 2021

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Emirates NBD – Egypt to finance agricultural wastewater treatment plant in North Coast

New plant will secure irrigation water to half a million feddan of…

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Egypt’s GDP growth expected to gradually recover as of FY 2021/22: Arab Monetary Fund

Inflation in Egypt is expected to reach 5.3% during 2021

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