Hossam Mounir

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Egypt sees 13.3% decrease in trade deficit during April 2021

Country’s trade deficit reaches $3.1bn in April 2021, against $3.5bn for April…

Hossam Mounir

Central Bank of Egypt regulates commercial registration, documentation at banks

Step comes in light of strengthening cooperation between banking sector, ITDA, Notary…

Hossam Mounir

Egypt sees urban annual inflation rise to 4.9% at June 2021 end, against 4.8% in May: CAPMAS

Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) has revealed that…

Hossam Mounir

Winners announced for C3 Social Impact Accelerator Program 2021 powered by HSBC

Egyptian start-up Baramoda wins top prize at regional competition

Hossam Mounir

Egyptian Cure Bank donates EGP 54m to 65 hospitals, clinics nationwide

Bank inaugurates Intensive Care Unit at Minya University Hospital

Hossam Mounir

EGP 53.774bn increase in local currency deposits at banks in Egypt during May 2021: CBE

Volume of term deposits, proceeds of savings certificates in foreign currencies increased…

Hossam Mounir

Egyptian government to depend less on local market in budget deficit finance

Debt instruments worth EGP 587bn offered during Q1 2021/22, compared to EGP…

Hossam Mounir

CIB opens subscription for first green bond issuance in Egyptian market

IFC aims to subscribe to entire value of issuance, estimated at $100m

Hossam Mounir

Egypt records $1.8bn balance of payments surplus in 9M FY 2021

This is compared to $5.1bn deficit last FY in wake of COVID-19…

Hossam Mounir

Foreign investments in Egypt’s T-bills up to EGP 349.9bn in May 2021: CBE

Net foreign assets increased by EGP 150.2bn from July 2020 to April…

Hossam Mounir