Hossam Mounir

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Egypt’s urban inflation slows to 4.1% in April: CAPMAS

Annual core inflation computed by CBE records 3.3% in April 2021

Hossam Mounir

Global economic stability continues with varying rates of recovery amid COVID-19: CBE

Egypt’s CDS spreads remain relatively low compared to most peers with similar…

Hossam Mounir

National Bank of Egypt to finance 1.5-million-feddan reclamation project beneficiaries

Bank records EGP 14.6bn in agricultural loans given to 34,000 projects

Hossam Mounir

Egypt’s gold reserves climb $194m during April: CBE

Net international reserves increase to $40.343bn in April

Hossam Mounir

Misr Life Insurance, Misr Capital partner to launch EGP 100m investment fund

Fund’s assets will be invested in debt instruments issued by government, companies

Hossam Mounir

Egypt sees EGP 104.191bn increase in local currency bank deposits during March 2021: CBE

Foreign currency deposits see stability, while volume of foreign assets at CBE…

Hossam Mounir

Egypt’s Finance Ministry to issue T-bills, T-bonds worth total of EGP 198bn in May

Government’s plan includes 16 T-bills offerings worth EGP 142bn, 11 T-bonds offerings…

Hossam Mounir

Egypt’s SMEs Development Agency allocates EGP 75m to convert 9,500 cars to natural gas

Vehicle owners can pay for conversion in instalments over 1-5 years

Hossam Mounir

CBE to review interest rates amid strong expectations of no change

Bank maintains, on 18 March, its basic interest rates for third consecutive…

Hossam Mounir

Egypt’s external debt up $1.8bn to $125.3bn in September 2020: CBE

Long-term debt accounts for 90.2% or $113.0bn of total external debt

Hossam Mounir