Hossam Mounir

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NBE receives EGP 15bn in new deposits in fortnight: chairperson

Banque Misr collected $400m during the first two weeks of the flotation,…

Hossam Mounir

Foreign exchange outcome at banks exceeds $3bn over past 2 weeks: CBE sub-governor

Investment funds, international pension funds began investing in Egyptian government debt instruments

Hossam Mounir

EAB secures loans worth EGP 5.5bn to fund 800,000 plant production, agricultural crops projects: chairperson

We aim to finance participants in the 1.5m acres project to support…

Hossam Mounir

NBE provides EGP 27bn to 51,000 small, medium, micro-enterprises by end of October: chairperson

NBE provided EGP 5.2bn to more than 7,000 projects in 9 months…

Hossam Mounir

Banks begin providing hard cash to import non-essential goods on Sunday

Banking sector financed import of food commodities, medicines, and production inputs worth…

Hossam Mounir

Interest rates remain unchanged by the CBE

Analysts expect these rates to remain unchanged for three to six months

Hossam Mounir

Banking sector secures financing to import $2.5bn worth of food commodities, medicine: CBE

$1.5bn allocated to import intermediate goods and raw materials for production; $414.6m…

Hossam Mounir

Dollar records its highest level against Egyptian pound this week

The official rate for the dollar at the CBE on Thursday registered…

Hossam Mounir

Unemployment hits 12.6% in Q3 of 2016: CAPMAS

The unemployment rate in Egypt has risen to 12.6% during the third…

Hossam Mounir

Highly expected that basic interest to remain unchanged on Thursday

Current interest rates on the pound may remain unchanged for three to…

Hossam Mounir