Hossam Mounir

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Trade volume between Egypt, world reached $20.621bn in 3 months: CBE

Imports worth $14.781bn, exports at $5.839bn from July to September 2017

Hossam Mounir

Government outstanding debt rises EGP 21.65bn in January 2018 

Balance increased from EGP 676.68bn to EGP 698.33bn by end-December 2017: Ministry…

Hossam Mounir

Limited response from banks to CBE’s move to lower interest rates

ALCOs of banks operating in Egypt will hold intensive meetings Monday to…

Hossam Mounir

AAIB contributes to long-term joint financing of EGP 4bn for Misr Petroleum, COOP

Funding solidifies bank's role in supporting energy sector, says AAIB CEO

Hossam Mounir

SMEDA signed contract with Banque du Caire worth EGP 500m to fund microenterprises

25% of contract dedicated to women, 60% to workers below poverty line,…

Hossam Mounir

Wave of large cuts in bank interest rates on deposits, loans starting Sunday

Banks operating in the local market started on Sunday a wave of…

Hossam Mounir

NBE aims to increase assets to EGP 1.5tn by end-June 2018: vice chairperson 

Bank seeks to increase its loans for major companies to EGP 350bn,…

Hossam Mounir

NBE, Banque Misr discontinue their 20% interest rate saving certificates

The National Bank of Egypt (NBE) will discontinue offering the platinum saving…

Hossam Mounir

Women receive 51% of total loans offered by SMEDA in 2017

Women more likely than men to pay off loans, the rate of…

Hossam Mounir

Egypt’s international bonds rise to $16.64bn

Bonds are maturities ranging from 1-30 years, due in period from April…

Hossam Mounir