Hossam Mounir

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67.4% increase in total collected foreign exchange in 2015/2016: CAPMAS 

Total proceeds of foreign exchange amounted to EGP 1.5088tn 2015/2016, compared to…

Hossam Mounir

6,200km increase in paved road network in 2015/2016 

CAPMAS records increases between 2.4% and 9.1% in paved roads throughout the…

Hossam Mounir

PAYFORT announces new partnership with Amadeus 

The partnership aims to simplify online payments for the region's travel industry

Hossam Mounir

Al-Assar demonstrates abilities of defence equipment to Emirati and Russian officials during his participation in IDEX 2017

The Ministry of Military Production aims to deepen cooperation with the UAE…

Hossam Mounir

Revenues of investment land sales in the administrative capital’s first phase at EGP 20bn: estimate

Average offering price is EGP 3,500 per metre, comparable to other similar…

Hossam Mounir

Dollar continues decline, expected to stand at ​EGP​ 16 in short term

The price of the pound against the dollar will reach equilibrium in…

Hossam Mounir

$1.12bn offered for investment in T-bills 

CBE received 33 offers, accepted 29 worth $1.09bn, with an interest average…

Hossam Mounir

International bonds raised Egypt balances to $11.5bn by end of January 2017: Ministry of Finance

Bond maturities range between 1 to 30 years, and to be due…

Hossam Mounir

Assigning implementation of New Administrative Capital to Egyptian companies falls in favour of banks in Egypt: Abdellah 

Banks are required to facilitate procedures for those companies to obtain letters…

Hossam Mounir