Hossam Mounir

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Egyptian remittances score $10.4bn from July-November 2017: CBE

Egyptians' remittances recorded about $2.2bn in November 2017, compared to $2.1bn in…

Hossam Mounir

CBE opens account to collect change from checks, remittances, directs them to development projects

CBE called on banks to transfer change to main account at end…

Hossam Mounir

NBE, Local Development Ministry, Misr El Kheir sign protocol to support development projects in North Sinai

Protocol reflects NBE's interest in development by providing funding for SMEs, affirms…

Hossam Mounir

CBE warns against dealing in Bitcoin

Cryptocurrencies lack guarantee and official government support as opposed to official currencies:…

Hossam Mounir

Local, foreign financial institutions offer to invest $1.054bn in USD T-Bills

Interest rate highest at 3.35%, lowest at 3.32%, averaging 3.346%

Hossam Mounir

Banque Misr receives the Mohammed bin Rashid Award for Young Business Leaders

Bank injects EGP 2.2bn to fund 48,392 micro enterprises in 32 months

Hossam Mounir

CBE offers treasury bills worth $7850m

Tender proceeds to cover previous tender on 10 January 2017 worth $888.8m

Hossam Mounir

Outstanding balances of local treasury bonds, bills reach EGP 1.7tn by end of 2017

Treasury bills stabilised at EGP 1.023tn, bonds reached EGP 676.6bn until December:…

Hossam Mounir

FX reserves end 2017 at record high of $37.02bn

Forex reserves increased by $333m, despite payment of $3.2bn to Afreximbank, says…

Hossam Mounir

$3.04bn trade deficit in September 2017: CAPMAS

The country's exports, imports increased by 17.1%, 4.5% respectively

Hossam Mounir