Hossam Mounir is a journalist specializing in financial news in Egypt. He writes for publications such as Daily News Egypt and Zawya, covering topics such as banking, finance, and economic developments in the country. With a focus on providing accurate and timely information, Hossam aims to keep readers informed about the latest financial trends and market updates in Egypt.
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Egypt (National)
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Hossam Mounir's coverage primarily focuses on finance and economy within Egypt, with a strong emphasis on data-driven content. Given the prevalence of government announcements and cited data in his articles, he is likely to be responsive to pitches that provide insights or analysis based on credible financial data and regulatory changes in the Egyptian banking sector.
His focus also includes topics such as microfinance, loans, and financial regulations. Pitches offering expert commentary or analysis related to these areas within the context of Egypt's finance and economy are likely to resonate well with him.
Considering his national geographic focus on Egypt, outreach should tailor information specifically relevant to this market while ensuring accuracy of any provided financial data or regulatory details.
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By: Hossam Mounir
Post for Investment, the investment arm of Egypt Post, and AXA Egypt have signed a strategic partnership agreement. Amr Talaat, Minister of Communications and Information Technology, Mohamed Farid, Chairperson of the Financial Regulatory Authority (FRA), and French Ambassador to Egypt Eric Chevallier witnessed the signing ceremony. This partnership aims to launch the first microinsurance company […]
The Financial Regulatory Authority (FRA) has disclosed the total volume of non-banking financing provided by institutions under its supervision to various sectors in July 2024.
By: Hossam Mounir
Suez Canal Bank has signed a cooperation protocol with Raya Information Technology, a subsidiary of Raya Holding for Financial Investments, under which Raya Information Technology will receive credit facilities amounting to EGP 1.2bn.
By: Hossam Mounir
Banks and finance companies participating in the mortgage finance initiative for low-income people pumped financing worth EGP 75.62bn to more than 594,380 customers until September 2024. A Mortgage Finance Fund report revealed that the 22 banks participating in the initiative pumped about EGP 73.11bn into it, benefiting about 574,588 customers, equivalent to 96.7% of the total […]
Mona Zulficar, Chairperson of the Egyptian Federation for Financing Medium, Small, and Micro Projects, said that microfinance grew by about 19% during the year, exceeding EGP 93bn with 4.5 million clients in June 2024, compared to EGP 78.3bn to serve 4.6 million clients in June 2023.
By: Hossam Mounir
The initiative offers subsidized, decreasing interest for low—and middle-income groups, with an interest rate ranging from 5% to 7%
The Central Bank of Egypt (CBE) has granted banks permission to open financial inclusion accounts in foreign currencies for individuals and micro-enterprises classified as low-risk clients under categories A and B, as per the November 2023 circular. Banks are also authorized to issue direct debit cards in the same currency as these accounts, following CBE’s […]
By: Hossam Mounir
The Financial Regulatory Authority (FRA) has detailed the reasons for halting the acceptance of new applications for licences to establish companies aimed at providing micro-project financing or consumer finance through traditional methods.
By: Hossam Mounir
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) will hold its sixth regular meeting this year on Thursday, to determine the basic return rates at CBE, which are the main indicator of the Egyptian pound's interest rates in the short term.
The Central Bank of Egypt (CBE) revealed that its net foreign assets achieved a surplus of $10.4bn in September, equivalent to EGP 505.074bn, compared to $10.2bn, equivalent to EGP 499.269bn, in August, which is the fifth consecutive time that CBE's net foreign assets have achieved a surplus.
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