Hossam Mounir

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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

Government intends to borrow EGP 415bn in Q1 2018 to bridge budget deficit

Government offers bids for T-bills, bonds worth EGP 152.75bn in January, EGP…

Hossam Mounir

NBE aims to increase size of SME portfolio to EGP 100bn within 3 years 

The bank offered SME loans worth about EGP 37.5bn to 55,000 customers

Hossam Mounir

NBE, Agriculture Ministry cooperate to finance livestock projects

Bank injected EGP 1.2bn to fund 7,400 livestock, poultry, fishery development projects 

Hossam Mounir