Hossam Mounir

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CBE stabilises US dollar exchange rate, further confuses market

The Central Bank of Egypt (CBE) stabilised the US dollar exchange rate…

Hossam Mounir

Workers in manufacturing industry more prone to injuries than others: CAPMAS

Workers in the manufacturing industry are more likely to get injured during…

Hossam Mounir

Hike of US dollar strengthens currencies against Egyptian pound

Pound sterling jumps to EGP 16 and euro to EGP 13, while…

Hossam Mounir

How can Al-Sisi fulfil his promise to solve the US dollar shortage in 170 days?

Stability of the foreign exchange market requires the government and the CBE…

Hossam Mounir

UAB reviews banking risks in de-Risking Forum 

The Union of Arab Banks (UAB) will hold a de-Risking Forum entitled…

Hossam Mounir

CBE stabilises Egyptian pound against the US dollar at EGP 8.78

The CBE sold roughly $118.6bn to the banks through its tender.

Hossam Mounir

Public sector carries out construction worth EGP 20.6bn in 2014/2015: CAPMAS

The construction operations of the public sector increased by 31.3% from fiscal…

Hossam Mounir

CBE denies any amendments to maximum foreign currency amount allowed to exit Egypt

The recent regulations did not include the foreign exchange, the CBE said…

Hossam Mounir

Egypt exports register EGP 16.6bn in April, imports record EGP 40.5bn: CAPMAS

The value of Egyptian exports reached EGP 16.6bn during April 2016, while…

Hossam Mounir