Hossam Mounir

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Foreign banks cut investments in government debt instruments by over EGP 13bn in December 2018

Banks' assets of T-Bills reach EGP 725.92bn, topping list of debt holders,…

Hossam Mounir

Thirty-three foreign, local investors offer to invest $1.074bn in Egypt’s T-Bills

CBE accepts 28 investment offers worth $1.01bn with interest rates of 3.76%-3.8%

Hossam Mounir

Annual average inflation rate rises to 12.2% by end-January

Prices of vegetables, cereals, bread pushes monthly average inflation up by 0.8%…

Hossam Mounir

Egypt’s bank deposits up by 15.3% end-November 2018: CBE

Deposits in EGP increase by 16.9%, foreign currencies deposits grow by 9.4%

Hossam Mounir

CBE holds workshop to introduce REPSS’ mechanism, benefits

‘System helps develop economic relations, increase trade exchange between Egypt, COMESA countries,’…

Hossam Mounir

When will agricultural sector receive appropriate share of funds from banks?

Government received 28.105% of loans, industry 24.627%, services 25.957%, retail 17.286%, trade…

Hossam Mounir

NBE studies financial needs of East Port Said Industrial Zone

Delegation from bank visits area to discuss project’s required banking services, factories…

Hossam Mounir

CBE limits mortgage initiative to low-income after earmarked EGP 20bn runs out

NBE, HDB, Banque Misr, Banque du Caire, IDB top list of banks…

Hossam Mounir

Remittances of Egyptian expats reach $23.3bn in 11M18: CBE

Increase of 5.7% in remittances compared to same period in 2017

Hossam Mounir

Price of US dollar against pound nearly stable on Tuesday after two-day decline

US currency recovers less than half piaster of 30 piasters it lost…

Hossam Mounir