Hossam Mounir

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Central Bank of Egypt extends initiatives to support individual, tourism defaulters until June

The Central Bank of Egypt (CBE) has decided to extend its initiatives…

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Central Bank of Egypt to issue $850m worth T-bills tender on Monday

The Central Bank of Egypt (CBE) will issue, on Monday, a tender…

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MSMEDA provides EGP 3.7bn in funding to youth projects during 11M 2020

The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) provided EGP 3.7bn…

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Egypt eyes EGP 647.5bn from T-bills, bonds issuances during 3Q 2020/21

Total of 52 T-bills bids worth EGP 463.5bn, 32 bids for bonds…

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High solvency, liquidity enable Egypt banking sector to function successfully amid COVID-19: Central Bank

Banking sector has witnessed high financial stability in past years, allowing it…

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National Bank of Egypt acquires 24% stake in Aman Financial Services for EGP 480m

National Bank of Egypt Chairperson Hisham Okasha said that this step is…

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Portfolio investment flows to EMs to recover slowly in 2021: CBE

Egyptian economy contained reversal in portfolio investment flows thanks to its relatively…

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Central Bank of Egypt extends measures to contain COVID-19 repercussions until June 2021

Extension reflects CBE’s keenness to protect national economy, preserve gains of reform

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Buna conducts 1st intra-Arab transaction between Mashreq Bank, Banque Misr

The Arab Monetary Fund (AMF) has announced that its Buna payment platform…

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NBE, Banque Misr cut monthly return on savings certificates by 1%

Both banks cancel savings certificates with quarterly return

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