Hossam Mounir

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Financial positions of banks in Egypt rise by EGP 532bn in Q1 of 2021: CBE

Capital at banks amounts to EGP 177.92bn, reserves register EGP 347.826bn, provisions…

Hossam Mounir

Egypt injects EGP 32.3bn into 1.4 million small, micro projects over 7 years

Egypt’s SMEs Development Agency also provides over 400k services through its 33…

Hossam Mounir

Net profits of banks in Egypt reach EGP 29.99bn in Q1 2021: CBE

Top 10 banks account for 87.84% of total profits recorded during Q1

Hossam Mounir

Central Bank of Egypt extends precautionary measures against COVID-19 to 2021 end

This will see the precautions in place until 31 December 2021, rather…

Hossam Mounir

Egypt’s annual unemployment remains unchanged at 7.9% in 2020

Country’s workforce was estimated at 28.458 million people in 2020

Hossam Mounir

Egypt’s Economic Ministerial Committee discusses measures to advance industry

New incentives will be offered for industries with high, local technological components

Hossam Mounir

Egypt’s Economic Ministerial Committee discusses measures to advance industry

New incentives will be offered for industries with high, local technological components

Hossam Mounir

Egypt’s Cabinet reviews Central Bank initiatives to support economic sectors

CBE serves as compass directing Egypt’s banking sector since COVID-19 outbreak, says…

Hossam Mounir

12 banks in Egypt report EGP 6.495bn net profits during Q1 2021

CIB accounts for 44.27% of 12-bank profits, whilst HDB ranks second with…

Hossam Mounir

Banque du Caire reports EGP 1bn in net profit in Q1 2021

Bank continues positive business results supported by ambitious plans, strategies it was…

Hossam Mounir