Hossam Mounir

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HDB net profit grows slightly to EGP 604.584m in Q1 of 2020

Bank continues providing uninterrupted comprehensive services alongside preventive measures to protect employees…

Hossam Mounir

IDB pre-tax profit increases %3.1 to EGP 391m in 2019

Bank's total financial position increased to EGP 30.380bn in 2019, an increase…

Hossam Mounir

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