Hossam Mounir

Follow:
3802 Articles

Settlement on workers’ rights to delay approval of NBG-Egypt sale to Bank Audi

Tripartite meeting of CBE's Legal Advisor, Regional Director, and Legal Affairs Director…

Hossam Mounir

NBE arranged syndicated loans worth EGP 28bn during Q3 2019: Bloomberg

Bank arranged a syndicated loan of EGP 1.7bn for Redcon Construction in…

Hossam Mounir

Egypt’s net foreign reserves break $45bn, the highest level ever 

We need to study the reasons for the high BOP deficit, especially…

Hossam Mounir

Credit facilities by banks fall EGP 35.2bn in July to EGP 1.8trn: CBE

Private sector receives 60.3% of total facilities, industry at the forefront of…

Hossam Mounir

Egypt’s current account records $8.2bn deficit in FY 2018/19: CBE

BOP records 0.1bn deficits, oil trade balance records $8.1m surplus, FDI net…

Hossam Mounir

Banks apply limited interest cuts after CBE slashes basic rates

Most cuts were limited to variable return certificates

Hossam Mounir

Beltone forsees 0.5% interest rate cut in CBE’s coming meeting, 3% cut in 2020

We do not expect pressure on local currency after interest cut, exchange…

Hossam Mounir

Egyptian pound gains 5 piasters against the US dollar despite CBE’s interest rate cut

The average official price of the US dollar at the Central Bank…

Hossam Mounir

Government to issue EGP 582.5bn worth of T-Bills, T-Bonds in Q2 FY 2019/20

Ministry of Finance plans 56 T-Bills auctions worth EGP 528.5bn, 28 T-Bonds…

Hossam Mounir