Hossam Mounir

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New tax facilitation in pipeline for SMEs: Trade Minister

MSMEs exempted from stamp tax, documentation fees, while custom duties on machinery,…

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Egypt’s external debt rises to $125.3bn in September 2020

Long-term dues account for 90.2% of country’s total external debt

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UPDATE: Egypt’s urban inflation falls to 5.4% in December 2020

Headline inflation records 5.1% in 2020, down from 8.5% in 2019

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Agriculture Minister approves EGP 59.5m in funding to develop 42 milk collection centres

Milk collection centres have been termed as SMEs to benefit from Central…

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Measures adopted by central banks, governments mitigate COVID-19 impact on global economy: CBE

Outlook for near term growth in global economic activity expected to be…

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Central Bank of Egypt directs for accelerating financial transfers

Intra bank transfers to be carried out in 2 hours, while interbank…

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Egypt’s net international reserves rise to $40.062bn in December 2020

FX reserves increase by about $364m to $35.399bn in December

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Central Bank of Egypt issues instructions to manage operating risks at banks

The Central Bank of Egypt (CBE) has issued new instructions regarding the…

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Egypt’s central bank allocates EGP 15bn to finance dual-fuel vehicle conversions

According to the central bank imitative loan period ranges from seven to…

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Central Bank of Egypt receives 35 bids worth $1.0511bn for latest T-bills tender

The Central Bank of Egypt (CBE) has announced it has received 35…

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