Hossam Mounir

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Egypt’s gold reserves record $164m increase in February

Country’s net international reserves reach $45.51bn in February, compared to January’s $45.457bn:…

Hossam Mounir

US dollar appreciates 10 pt against Egyptian pound

The official price of the dollar at the Central Bank of Egypt…

Hossam Mounir

CBE to issue EGP 212.5bn worth T-Bills, Bonds in 3Q20

16 T-Bills bids worth EGP 175bn, 10 T-Bonds bids worth EGP 37.5bn…

Hossam Mounir

Total financial position of banks in Egypt increases to EGP 5.856trn at 2019 end: CBE

Bank deposits increase to EGP 4.2359trn, household sector denominated 81.3%

Hossam Mounir

Foreign investments in Egyptian T-bills increase by EGP 35.1bn by end of January 2020: CBE

Net foreign assets of the Egyptian banking sector rose by EGP 46.7bn…

Hossam Mounir

NBE provides EGP 1bn credit facilities to Fiber Misr

The signing ceremony was attended by Chairperson of NBE Hesham Okasha, Chairperson…

Hossam Mounir

NBE, EGOTH sign EGP 435m financing agreement to renovate Mena House Hotel

Project’s total cost is EGP 580m, NBE contributes 75% over 7 years

Hossam Mounir

HC expects an average inflation rate of 7.7% in 2020

Firm sees 200 bps interest rate cut, EGP to slightly depreciate to…

Hossam Mounir

Suez Canal Bank’s profit reach EGP 542.2m by end of 2019

Deposits up by EGP 5.5bn, loans increase by EGP 1.9bn in one…

Hossam Mounir

ALEXBANK, EBRD sign $100m agreement

Bank launches Business Club Academy in cooperation with EBRD, EBI

Hossam Mounir