Hossam Mounir

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CBE encourages banks to invest in funds for emerging small businesses

Decision comes complementary to previous efforts by CBE to support MSMEs, says…

Hossam Mounir

Banks’ credit facilities see EGP 206.7bn increase in last 8 months: CBE

Private enterprise sector denominates 60.8% of total facilities, with industry in lead

Hossam Mounir

IDB posts EGP 281m in net profits end 2018

Bank's financial position rose to EGP 24bn from EGP 19.7bn in 2017,…

Hossam Mounir

US dollar loses over EGP 1 of its value since start of year

Expectations for US dollar to reach EGP 16.5

Hossam Mounir

Egypt’s foreign trade reaches $47.8bn in second half of 2018: CBE

Fourteen countries account for 60.62% of Egypt’s foreign trade volume, led by…

Hossam Mounir

Microfinance portfolio in banks reaches EGP 6.94bn in Q1 of 2019

NGOs rank first in terms of number of beneficiaries

Hossam Mounir

Pundits expect CBE to hold interest rates unchanged on Thursday

April's inflation slowdown is temporary, may pick up again by end-May: analysts,…

Hossam Mounir

Egypt’s domestic debt exceeds EGP 4tn in December 2018: CBE

The CBE said in its monthly report on Tuesday that the domestic…

Hossam Mounir

It is now time for everyone to invest in Africa as main driver of global growth: Ezz Al-Arab

CIB chairperson stresses need to develop systematic frameworks to increase investment in…

Hossam Mounir

Interest rate likely to be fixed during CBE’s Thursday meeting: HC Securities

Company expects CBE to continue trend toward reducing interest rate by end…

Hossam Mounir