Hossam Mounir

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International foreign reserves ends in 2015 with a slight increase

CBE's international foreign reserves increase by $23m at the end of December

Hossam Mounir

Cooperation agreement between KarmSolar and Plus Leasing to irrigate 1.5m acres with solar energy

Plus Leasing has allocated EGP 30m to achieve this goal during 2016.

Hossam Mounir

11.6% increase in assets of Egyptian banking sector during first 9 months of 2015: UAB

Regulatory actions taken by CBE s capable of protecting Egyptian banking sector…

Hossam Mounir

Egyptian Real Estate Council to prepare initial draft of Real Estate Developer’s Union Law

The Union will classify real estate companies into categories according to the…

Shaimaa Al-Aees

Government plans to borrow EGP 281.5bn from banks in next three months

Banks account for 75.5% of total releases of treasury bills and the…

Hossam Mounir

Committee formed to establish 500,000 units of middle-class social housing

The project would be important in restoring balance to the real estate…

Hossam Mounir

CBE contemplates range of scenarios to revive faltering factories and promote production

The Coordinating Council will discuss the CBE’s alternatives on 10 January, and…

Hossam Mounir

NBE to increase retail loans to EGP 50bn by end of 2017

Retail loans reached 21% of the bank’s total loans portfolio, and will…

Hossam Mounir

Pound lost 9% of its value against dollar in 2015, retreat to contine in 2016

The dollar’s value rose from EGP 7.18 in January to EGP 7.83…

Hossam Mounir