Hossam Mounir

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Finance Ministry plans to float EGP 160.75bn worth debt instruments during September

Ministry is issuing 16 offerings of EGP 151bn worth T-Bills and 8…

Hossam Mounir

Banks’ credit facilities see EGP 218.6bn rise in 11 months

Private sector accounts for 60.8% of total facilities, with industry in the…

Hossam Mounir

Foreign currency deposits account for 21.73% of total bank deposits end-May

Deposit growth fell to 11.34% in May from 11.46% in April

Hossam Mounir

IDA to co-manage, develop industrial parks in 12 governorates

MSMEDA to provide necessary financing to owners of small industrial projects

Hossam Mounir

FEB allocates EGP 18.5m to develop two schools in Helwan

Federation adopted initiative to develop informal housing areas in Cairo and Giza

Hossam Mounir

Yields on T-Bonds lose 0.85-1.38% after CBE’s interest rate cut

Banks cut interest rates amid noticeable reservation so as not to affect…

Hossam Mounir

Banks pumped EGP 400m to develop informal areas in Cairo and Giza: Ezz El Arab

CIB chairperson reveals that the development process includes infrastructure, roads, water delivery,…

Hossam Mounir

Limited interest rate cuts at banks’ on first business day following CBE decision

Yield on T-bills on Sunday's auction dropped by 0.75-1.5%

Hossam Mounir

Private sector awaits further interest cuts to resume borrowing from banks: HC

Banks are likely to extend deposit maturity to grant long-term loans without…

Hossam Mounir

Banks to start intensive meetings Sunday to discuss implications of interest rate cuts

Government welcomes decision, investment banks forecast further cuts by end-2019, depositors are…

Hossam Mounir