Hossam Mounir

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Capital outflows shake emerging markets during Covid-19 crisis: CBE

Egypt’s monetary stimulus to support economic recovery and ease coronavirus impacts

Hossam Mounir

Egypt to borrow EGP 610bn through T-bills, bonds over next 3 months

Issuing EGP 522bn T-bills, EGP 88bn bonds between April-June: Finance Ministry

Hossam Mounir

Pharos expects CBE to keep interest rates unchanged in next MPC meeting

MPC will consider market conditions, impact of emergency rate cut, inflation trend…

Hossam Mounir

MSMEDA allows clients indefinite loan deferment

Agency to pump new funds for activities currently booming due to spread…

Hossam Mounir

CBE temporarily regulates cash deposits, withdrawals

CBE sets daily limit for cash deposits, withdrawals in branches of EGP…

Hossam Mounir

Expectations of EGP depreciation against US dollar groundless: Expert

Global crises, like the coronavirus outbreak, examine the strength of Egyptian monetary…

Hossam Mounir

EGP 29.4bn in sales of NBE, Banque Misr 15% saving certificates in 5 days

New saving certificates issued by NBE and Banque Misr gain LE 10.7…

Hossam Mounir

CBE includes agricultural, aquaculture production firms in EGP 100bn industry support initiative

Initiative allows access to subsidised loans at declining 8% interest rate

Hossam Mounir

EBI launches remote evaluation services for bank employees

Evaluation covers technical knowledge, English language tests, behavioural assessment, says Nosseir

Hossam Mounir

Ministry of Agriculture, ABE cooperate to support poultry farmers, milk collection centres

The protocol was signed by Alaa Farouk Zaky, Chairperson of the bank…

Hossam Mounir