Hossam Mounir

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Three Egyptian exchange companies garner EGP 6.479bn post local currency liberalisation

Since the liberalization of the exchange rate on 6 March up to…

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MSMEDA launches ‘Aziza’ initiative to empower women entrepreneurs in Egyptian governorates

Focusing on industrial, productive, and agricultural projects with local and international competitive…

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Banque du Caire reports record profits of EGP 6.7bn in 2023

Total assets grow by 25% to EGP 402bn

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CBE unveils key banking soundness metrics for 2023

Banks’ net profits hit EGP 283.388bn, with top 10 banks comprising 74.92%…

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Why Egypt’s inflation continues to rise in February 2024

Egypt’s annual headline urban inflation rose to 35.7% in February 2024, up…

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EGP 283.3bn net profits for banks in Egyptian market in 2023: CBE

Total financial position of banks records EGP 15.165trn

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Foreign currency inflows rise in banks, exchange offices following EGP liberalisation

Average dollar value decreases by EGP 1.7 from its peak after flotation,…

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Islamic banking in Egyptian market hits EGP 606bn in 2023

This figure represents approximately 4% of total Egyptian banking sector

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Annual core inflation hits 35.1% in February 2024: CBE

Annual urban inflation jumps to 35.7% in February 2024: CAPMAS

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Finance Minister hails Moody’s decision, outlines future plans

Moody’s upgrades its outlook on future of Egyptian economy from negative to…

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