Hossam Mounir

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Keeping policy rates unchanged remains consistent with achieving the CBE’s next inflation target

Domestic economic activity is expected to record robust growth figures along the…

Hossam Mounir

Egypt aims to expand in financing technological, innovative projects: Gamea

Venture capital programme worth $50m launched to finance new, existing investment funds

Hossam Mounir

CBE reveals reasons for high inflation in January 2022

Annual urban inflation increases to 7.3% in January 2022 from 5.9% in…

Hossam Mounir

CBE to stop accepting documentary collection in import operations

Branches of foreign companies will be exempted from this decision

Hossam Mounir

63.1% decrease in trade deficit during November 2021

The value of exports increased by 80.6% to $4.48bn in November 2021,…

Hossam Mounir

Agricultural Bank considers financing solutions for land reclamation in development areas

Bank aims to be leading development institution supporting state efforts: Chairperson Farouk

Hossam Mounir

CBE receives 33 offers worth $1.298bn to cover US dollar-denominated T-bill issuance

The CBE launched this tender on Monday at a value of $1.05bn…

Hossam Mounir

Financial sector contains repercussions of pandemic without prejudice to its main role: CBE

Sector, both banking and non-banking components, showed solidity during pandemic

Hossam Mounir

Net international reserves increased to EGP 40.980bn in January 2022: CBE

The balance of special drawing rights decreased by $2.642bn in January as…

Hossam Mounir

CBE to auction treasury bills worth $1.05bn

proceeds of T-bill issuance will be directed to pay off previous bid…

Hossam Mounir