Hossam Mounir

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The government aims at borrowing EGP 371bn to fund budget deficit during Q1 of new FY 

Ministry of Finance offers T-bills worth EGP 349.5bn and bonds worth EGP…

Hossam Mounir

Banque du Caire, Inmaa signs joint venture agreement to finance SMEs

Cooperation aims to simplify and facilitate financing procedures for SMEs, enable small…

Hossam Mounir

Al-Assar, de Cartier discuss cooperation between Egypt and Belgium in civil and defense industries

Belgium has many companies that welcome cooperation with Egyptian military production companies,…

Hossam Mounir

SMEDA signs EGP 150m contract for microlending with Banuqe du Caire

The loan is worth EGP 30,000, about 15,000 projects will be financed…

Hossam Mounir

United Bank signs MoU with EBRD to support SMEs

The rehabilitation of local SMEs for global competition is the real hope…

Hossam Mounir

Lifting foreign exchange transfer constraints is a new message from CBE that Egypt overcame foreign currency crisis: experts

The decision boosts confidence in the Egyptian economy, contributes to attracting more…

Hossam Mounir

CBE reveals foreign exchange status after flotation 

$8bn in remittances from Egyptian expats from November 2016 until the end…

Hossam Mounir

Trade balance deficit dropped 43.1% in March: CAPMAS

Exports amount to $2.16bn, imports at $4.67bn, deficit down to $2.51bn

Hossam Mounir

SME and Microfinance Development Authority, Reefy sign EGP 25m contract

1,650 microenterprises to be implemented according to the contract, with EGP 35,000…

Hossam Mounir

Banknote issuance to GDP increases to 12.68% in February: CBE

CBE issued banknotes of EGP 411.559bn in February, compared to EGP 405.416bn…

Hossam Mounir