Hossam Mounir

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Banque Misr, FEI sign cooperation protocol to stimulate real estate financing

Banque Misr signed the protocol as part of its vision to stimulate…

Hossam Mounir

CBE allocates EGP 3bn from tourism initiative for salaries, maintenance works

Finance Ministry approves EGP 3bn in credit guarantees for banks to cover…

Hossam Mounir

Financial position of banks in Egypt up EGP 648.9bn in 1Q-3Q FY2020: CBE

Net foreign assets decline by EGP 171.5bn in March, foreign investments in…

Hossam Mounir

Emerging markets experience sharpest capital outflow in March since 2008: CBE

Monetary and fiscal stimulus policies, structural reforms cushion negative consequences of coronavirus…

Hossam Mounir

MSMEDA finances over 1.2m projects with EGP 27.1bn during Al-Sisi’s presidency

Agency partners with Ministry of Petroleum and Mineral Resources on project converting…

Hossam Mounir

Annual core inflation slows to 1.5% in May: CBE

Last month’s inflation reading below expectations, so interest rates may remain fixed…

Hossam Mounir

Egypt’s annual urban inflation falls to 4.7% in May: CAPMAS

CAPMAS explained that the consumer price index (CPI) totalled 107.7 points in…

Hossam Mounir

Banque Misr arranges EGP 1.5bn loan to finance Damietta Furniture City

Project aims to establish integrated industrial city that includes furniture manufacturers and…

Hossam Mounir

CBE receives 26 offers to invest $720m in T-Bills auction

The CBE accepted 20 offers worth a total of $509.3m, with interest…

Hossam Mounir

CBE offers $500m worth T-Bills on Monday

Proceeds to cover a previous offer worth $715m issued on 11 June…

Hossam Mounir