Hossam Mounir

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Qalaa Holding chief Ahmed Heikal banned from travel due to commercial dispute

Heikal was involved in commercial dispute relating to cheque worth $4m

Hossam Mounir

Egypt’s SMEs Development Agency, Banque Misr sign EGP 500m micro-enterprises finance

10,000 micro-loans will be provided across Egypt, with maximum of EGP 250,000…

Hossam Mounir

31.3% of Egypt’s 2022 budget goes to economic development: Finance Minister

Egypt’s Minister of Finance Mohamed Maait has confirmed that31.3% of the country’s programme and performance…

Hossam Mounir

Egyptian government, banking sector take strong action to support MSMEs

National Bank of Egypt receives $100m from European Investment Bank to support…

Hossam Mounir

Afreximbank equips Banque du Caire with $200m intra-African finance

Facility is designed to finance Banque du Caire’s expansion across Africa

Hossam Mounir

Egypt’s urban inflation rises to 4.8% in May 2021, compared to 4.1% in April: CAPMAS

General consumer price index across country reached 112.9 points in May 2021

Hossam Mounir

EJB partnered with previous governments to contribute to several economic plans: Mohieldin

Economic policies should be flexible with need to mobilise labour towards growing…

Hossam Mounir

Egyptian remittances increase 8.5% to $23.4bn within 9 months: CBE

11% annual increase in remittances during March 2021 only

Hossam Mounir

Egyptians present 13.1% of patents granted in Egypt during 2020

Total of 1,229 applications were made by foreigners, reflecting rate of 55.7%

Hossam Mounir

Egypt’s SMEs Development Agency, Banque du Caire sign EGP 500m microfinance agreement

Contract allows for limit of loans provided to micro-projects to be raised…

Hossam Mounir