Hossam Mounir

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Banknote issuance to GDP increases to 13.42% in May: CBE

CBE printed new banknotes worth EGP 15.774bn this month

Hossam Mounir

EGP 55bn increase in bank deposits, EGP 39bn increase in loan portfolio in May 2017: CBE

Foreign investments in T-bills hike to EGP 176,000bn at the end of…

Hossam Mounir

ABE is considering signing contract with SMEDA for EGP 250m to finance small projects

ABE funds establishing of the first model village for animal and agricultural…

Hossam Mounir

Can CBE reduce inflation to 10%-16% by the end of 2018?

The key objective of monetary policy in the next phase is to…

Hossam Mounir

SMEDA signs 8 funding contracts worth EGP 10.75m in six governorates  

The targeted governorates include Ismailia, Minya, Beni Suef, El Wadi El Gadid,…

Hossam Mounir

Local, international institutions offer investing €734.9m in Egyptian T-bills

International banks have requested the renewal of a $2bn loan to Egypt…

Hossam Mounir

Ministries of Military Production, Local Development to jointly implement development projects in 4,700 villages

The Ministry of Local Development has an industrial complex model consisting of…

Hossam Mounir

NBE’s total foreign exchange earnings exceed $12bn: vice chairperson

The bank has financed foreign trade operations worth $13bn since 3 November…

Hossam Mounir

Limited changes in boards of government banks before end of September 2017

Two leaders expected to be sacked, 4 likely to stay, ambiguity surrounds…

Hossam Mounir