Hossam Mounir

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Banks invested EGP 650bn in T-bills until end of March 2018: CBE

Government banks invested EGP 333bn, private banks invested EGP 279.8n, foreign banks…

Hossam Mounir

Establishment of Egyptian association targeting development of informal economy begins

Our goal is to contribute to integration of informal economy into whole…

Hossam Mounir

Egypt wins presidency of ICSB

Osman council president, Abu Elazm member for Africa, Europe

Hossam Mounir

IDWBE injects EGP 675m to deliver gas to 375,000 residential units

Bank signs three contracts with Cairo Gas, Sinai Gas, PetroTrade

Hossam Mounir

Governmental banks start receiving defaulting clients’ requests to settle debts in implementation of CBE initiative

Initiative benefits companies whose debts are less than EGP 10m, individuals without…

Hossam Mounir

8.65% decrease in manufacturing, extractive industries index during April 2018: CAPMAS

The manufacturing and extractive industries index, excluding crude oil and petroleum products,…

Hossam Mounir

High return on debt instruments maintains attractiveness of investment in Egyptian market: Beltone 

Decision to stabilise interest rate was expected, took into account expected inflationary…

Hossam Mounir

Government intends to borrow EGP 475.5bn from domestic market in Q1 2018/2019

Finance Ministry floated debt instruments worth EGP 1.614tn in FY 2017/2018

Hossam Mounir

CBE launches initiative to settle debts of 3,500 companies, 337,000 individuals

Initiative to benefit NBE, Banque Misr, Banque du Caire, Export Development Bank,…

Hossam Mounir

SMEDA signs contracts to convert 1,000 cars to operate using natural gas, funding 10 car oil retail outlets

Agency has already converted 27,500 cars, opened 41 outlets to sell oil…

Hossam Mounir