Hossam Mounir

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Egypt’s urban inflation increases to 5.7% in November from 4.5% in October

It added that the whole country’s CPI recorded 111.2 points for November,…

Hossam Mounir

Central Bank of Egypt allocates EGP 1bn to deploy 300k POS nationwide

We aim to reach 1 million POS within three years: CBE Deputy…

Hossam Mounir

Central Bank of Egypt extends tourism, retail loan initiatives to 2021 end

Tourism businesses welcome CBE decision, call for more flexibility in private sector…

Hossam Mounir

Egypt-France trade exchange scores $1.6bn in 9M 2020

The results, issued on Monday to mark Egyptian President Abdel Fattah Al-Sisi’s…

Hossam Mounir

Gold, SDRs’ November decline interrupts Egypt’s net international reserves growth run

Egypt's FX reserves increased by about $352m to $35.035bn: CBE

Hossam Mounir

Arab Banking Corporation signs initial contract to acquire BLOM Bank Egypt

Sources revealed that senior BLOM Bank Egypt leaders held meetings last week…

Hossam Mounir

83% of Egypt businesses expect pre-COVID-19 profitability by 2022: HSBC Navigator

About 83% of respondents from Egypt expect to return to profitability levels…

Hossam Mounir

Central Bank of Egypt to offer $1bn worth T-bills on Monday

The proceeds of this bid will be used to pay the value…

Hossam Mounir

Egypt starts 2nd phase of irregular labourers’ aid on Sunday

The financial dispersals will continue for 10 consecutive days.

Hossam Mounir

Egypt’s SME development agency channels EGP 37.4m finance to Fayoum, Minya

Total of 11 contracts, worth EGP 14.9m, signed with NGOs in Fayoum,…

Hossam Mounir