Hossam Mounir

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3946 Articles

Volume of Islamic banking in Egyptian market reached EGP 443bn by end of June

Faisal Islamic Bank of Egypt is in first place with a business…

Hossam Mounir

Egyptian remittances increase 1.6% to $31.9bn in FY2022: CBE

Remittances reached $31.4bn, $27.8bn in FY2021, FY2020, respectively

Hossam Mounir

HDB expands its integrated banking activities, records strong growth in 1H 2022

Bank achieved standalone profit of EGP 1.2bn in June 2022, increase of…

Hossam Mounir

Egypt’s new Central Bank Governor has 3 important files to address

CBE has to develop monetary policies, provide various sources of foreign exchange,…

Hossam Mounir

CBE to discuss raising key interest rates on Thursday

Market expectations vary regarding the upcoming decision of the MPC

Hossam Mounir

35.8% decrease in Egypt’s trade deficit in May 2022

The trade deficit reached $2.61bn during May 2022, versus $4.06bn in May…

Hossam Mounir

Central Bank of Egypt justifies high inflation in July 2022

July's inflation was mainly impacted by increase of core food, retail, and…

Hossam Mounir

Central Bank of Egypt Governor resigns

Hassan Abdalla, Hisham Okasha, Hala El-Said, Rania Al-Mashat top the list of…

Hossam Mounir

saib achieves $16m net profit in June 2022, marking 79% growth

220% growth in online banking payments to EGP 411m in 1H 2022

Hossam Mounir

Foreign investments in local treasury bills increased by EGP 6.5bn in June 2022: CBE

Foreign investments in local treasury bills also recorded their highest level in…

Hossam Mounir