Hossam Mounir

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CIB supports entrepreneurs in cooperation with AUC

AUC V-Lab celebrates the graduation of the first cycle of FinTech Accelerator

Hossam Mounir

EBRD lends NBD–Egypt $125m to support its capital base and stimulate growth 

Emirates NBD-Egypt and the European Bank for Reconstruction and Development (EBRD) signed…

Hossam Mounir

NBE injected EGP 7.5bn to finance 9,200 SMEs in first year of CBE’s initiative to support these projects 

77% of SMEs obtained loans to expand its existing activities and 23%…

Hossam Mounir

Ministry of Military Production participates in IDEX 2017 with a number of military products

 The Ministry of Military Production is set to take part in the…

Hossam Mounir

1.6% decrease in index of manufacturing during December 2016: CAPMAS

The index of manufacturing—not including crude oil and petroleum products—declined to 138.69…

Hossam Mounir

CAPMAS starts general census of population, housing, establishments at initial cost of EGP 800m

The census provides all the statistical data for policy makers and decision…

Hossam Mounir

Al-Sisi issues decree to establish National Council for Payments under his chairmanship

Council membership includes prime minister, CBE governor, ministers, and regulatory body representatives

Hossam Mounir

Banks experiencing significant disposal operations of foreign currency; dollar registers lowest level since November 2016

Significant decline in Arab and foreign currencies traded in domestic market due…

Hossam Mounir

Strong expectations to keep interest rate unchanged during CBE’s MPC on Thursday, despite inflation hikes

Raising interest rates will not curb inflation caused by flotation and shortage,…

Hossam Mounir