Hossam Mounir

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MSMEDA injects EGP 2.1bn to implement 236,000 projects in Beheira: chairperson

Agency offered about EGP 250m to finance infrastructure, social development, training projects…

Hossam Mounir

Limited response from banks to CBE’s decision to cut interest in first week

Banks move interest on variable yield certificates, others cut interest on deposits,…

Hossam Mounir

CBE sets new controls for mortgage finance initiative for low-income individuals

Mortgage finance will be provided for clients who meet CBE’s conditions

Hossam Mounir

Egypt’s outstanding dollar, euro bonds increase to $23.2bn, €2bn respectively

Maturities of dollar bonds range between 5-30 years, euro bonds between 8-12…

Hossam Mounir

For first time, CBE instructs banks to protect clients’ rights

Instructions have been in effect since 13 February, banks were given one-year…

Hossam Mounir

MSMEDA injects EGP 1.9bn loans, grants in Menoufiya, creating 172,000 jobs

Study discussed to provide more jobs for youth in governorate, revive heritage,…

Hossam Mounir

CBE pays EGP 114.4bn of interest on Deposit Operation in FY 2017/18

Bank turns from profits of EGP 12.66bn in FY 2016/17 to losses…

Hossam Mounir

Yields on Egypt’s T-Bonds down by 0.65-0.89%

Interest rates, accepted by finance ministry, on 3-year bonds fall between 16.4-16.58%,…

Hossam Mounir

Yields on Egypt’s T-Bills down by 0.34 – 0.83% after CBE interest-rate cut

Interest rates, accepted by finance ministry, decline on T-Bills of 91-day to…

Hossam Mounir

International institutions acquired 30.7% of Egypt’s debts by end-June 2018

Debts to Arab countries reached $23.1bn or 24.9% of total external debts:…

Hossam Mounir