Hossam Mounir

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Remittances in Egypt reach $26.8bn in 2019: CBE

The CBE added that remittances in the second half (2H) of 2019…

Hossam Mounir

Limited interest rate reductions on banks’ certificates despite CBE  rate cut 

NBE, Banque Misr reduce interests of variable-return certificates only, hold them on…

Hossam Mounir

Credit facilities for MSMEDA projects affected by Coronavirus crisis: Gamea

For his part, Hany Emad, head of the central sector for financing…

Hossam Mounir

Banks stand up against Coronavirus to protect employees, clients

CIB suspends all internal activities including gatherings in large numbers, limits training…

Hossam Mounir

CBE cuts interest rate by 3% in emergency MPC meeting

CBE has taken strong measures in anticipation of possible impacts of global…

Hossam Mounir

EBI limits its training services to e-learning due to COVID-19

Total number of trainees through e-learning reached 20,000 until February 2020: EBI…

Hossam Mounir

CBE takes measures against Coronavirus, repercussions on economy

MSMEs loan installments postponed for six months without fines

Hossam Mounir

CBE reviews efforts to support e-payment, FinTech systems

CBE launches Meeza, Non-Cash Payment Law, FinTech Regulatory Sandbox, e-collection of government's…

Hossam Mounir

Egypt’s annual urban headline inflation fall to 5.3%, annual core inflation decrease to 1.7% in February

Accordingly, the annual core inflation rate recorded 1.9% in February 2020, compared…

Hossam Mounir