Hossam Mounir

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Egypt to offer EGP 246.5bn worth T-bills, bonds in December

Finance Ministry to put forward 20 offerings for T-bills worth EGP 198bn,…

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Agricultural Bank of Egypt explores development opportunities in Minya

Bank agrees to finance agricultural, livestock production projects, and to apply modern…

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Kuwaiti bank believes COVID-19 impacts on Egypt economy faded away

In a report, the bank said that despite the pandemic, preliminary figures…

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Banque du Caire reports EGP 2.52bn net profit in September 2020

‘We will continue to implement expansion plans without interruption as bank successfully…

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Egypt’s banking authorities move to protect sector from 2nd COVID-19 wave

Bank extends exemptions for attending banks’ board meetings until 2021 end

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Banque Misr, Al Ahly Capital acquire 40% stake in IBAG for money transfer

Mohamed El Etreby, Chairperson of Banque Misr, said that this partnership is…

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SASME’s loans to agricultural SMEs reach EGP 945m until September

The funding was given to 11,179 beneficiaries, all of whom are small-…

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Strong FX reserves, structural reforms support Egypt against external shocks: CBE

Aboul Naga’s comments came during the opening session of the Payment, FinTech,…

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HSBC expects Egypt to build on growth momentum during 2021

Egyptian economy expected to grow by 2.5% in 2021, following 2.4% growth…

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Egypt reports $1.22bn exports, $640m imports with Nile Basin countries in 2019

The bulletin reviewed the volume of trade, including exports and imports, with…

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