Hossam Mounir

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CIB commits $7m to test kits, support families impacted by COVID-19

The CIB contribution will also be dispersed to the National Emergency and…

Hossam Mounir

Egypt’s annual urban inflation rises to 5.9% in April: CAPMAS

CBE to review interest rate Thursday in light of new inflation figures

Hossam Mounir

CBE reveals February 2020 data for banks operating in Egypt

Financial position of banks operating in local market touches EGP 6trn, deposits…

Hossam Mounir

Digital banking on the rise owning to coronavirus push

Allowing self-registration for e-wallet services contributes to speeding up digital transformation of…

Hossam Mounir

NBE leads banking consortium to provide €30m syndicated loan to MidElec

Hisham Okasha, Chairperson of NBE, said the arrangement of this loan comes…

Hossam Mounir

CBE receives 31 bids to invest $1.095bn in T-Bill auction

25 offers worth $975.4m were accepted

Hossam Mounir

CBE offers $800m in 1-year treasury bills on Monday

Proceeds cover a previous tender, worth $1bn, offered in May 2019

Hossam Mounir

Finance Ministry to float EGP 186bn debt instruments in May

Government plans to offer EGP 610bn worth debt instruments in 4Q FY2020

Hossam Mounir

NBE issues new investment certificates, raises return on another

The NBE has also decided to increase the return on another 3-year…

Hossam Mounir

Arab central banks council highlights digital transformation on Financial Inclusion Day

Implications of coronavirus highlight importance of accelerating transition to digital financial services,…

Hossam Mounir