Hossam Mounir

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SCZone negotiates with pharmaceutical companies to invest in Medical City

Authority managed to attract first American pharmaceutical company to invest $624m, says…

Hossam Mounir

Government has to ease reliance on banks: source

The reliance leads to a vicious cycle, “amid low state revenues,” says…

Hossam Mounir

Business conditions continue to worsen: Emirates NBD Egypt PMI

Sharper contractions in output and new orders

Hossam Mounir

Banking sector to rise up for supporting SMEs

EGP 101bn finances granted from banks to this sector so far, says…

Hossam Mounir

Egypt’s foreign debt jumps by $19.5bn in 2016

Foreign debt reached 37.6% of GDP in December 2016 compared to 13.6%…

Hossam Mounir

CBE resolves issue of temporary facilities obtained in foreign currency: Negm

Companies that owe more than $5m to banks will pay a 3.62%…

Hossam Mounir

“Blom Egypt for Financial Investments” starts its activities in May

The paid capital of the company amounts to EGP 10.25m and the…

Hossam Mounir

BLOM Egypt targets growth rate of 15% in all indicators by end of 2017

EGP 400m injected in bank’s capital to reach EGP 1.7bn financed by…

Hossam Mounir

HDB awaits CBE approval to separate real estate activity from banking business

We aim at becoming a commercial bank practicing banking business only and…

Hossam Mounir