Hossam Mounir

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Government increases borrowing from domestic market to highest level ever during Q2 2017/18

The Finance Ministry revealed its intention to borrow EGP 389.25bn through treasury…

Hossam Mounir

Egypt participates in the CISMEF

Various Egyptian products, including office and home furniture, cosmetics, medicine, aromatic plants,…

Hossam Mounir

CBE increases funds allocated for mortgage initiative to EGP 20bn

The families of army and police martyrs and the injured are exempted…

Hossam Mounir

CBE launches women’s programme to lead future in cooperation with NCW Egypt

We aim to make an Egyptian programme 100% depending on the abilities…

Hossam Mounir

MSMEDA launches first training programme for SMEs in Damietta Furniture City

The programme targets 120 small entrepreneurs working in furniture

Hossam Mounir

Egyptian Agricultural Banks signs contract with MSMEs for EGP 250m

The contract aims to finance 23,000 new and existing projects to provide…

Hossam Mounir

Banks to begin implementing CBE’s decision to raise mandatory reserve ratio of deposits on Tuesday

The CBE’s decision pushes banks to expand the financing of SMEs, as…

Hossam Mounir

Foreign exchange reserves up by $392m at end of September

Volume of foreign currency liquidity up by $365m, gold up by $30m:…

Hossam Mounir

MSMEs Development Authority prepares first national strategy to develop production clusters

Authority provides new funding programmes to the youth to launch their small…

Hossam Mounir

Banks in Egypt issue 2 million credit cards during H1 2017: CBE

The number of debit cards jumped to 17,562 million cards in June…

Hossam Mounir