Hossam Mounir

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CBE Governor meets international financing institutions officials during IMF meetings

Tarek Amer, the Governor of the Central Bank of Egypt (CBE), had…

Hossam Mounir

FEDCOC urges parliament to solve high lending interest rate issue

The implementation of social and middle-class housing units will start within a…

Hossam Mounir

Banks opened letters of credit worth $6.34bn for petroleum product imports in 2016: CBE

The banking system has collected $19.2bn since the flotation

Hossam Mounir

Metropolitan Egypt, Suez Canal Bank to reschedule Home Care’s EGP 23m dues

We seek to find an investor to acquire a 49% stake in…

Hossam Mounir

SFD and PBDAC sign contract worth EGP 100m to finance agricultural and animal projects

The bank coordinates with the CBE, Egyptian Countryside Development Company, NBE, and…

Hossam Mounir

Ministries of military production, trade cooperate on transferring tanneries

Helwan Company for Metallic Appliances will manufacture leather-tanning equipment

Hossam Mounir

QNB ALAHLI loans increased to EGP 99.617bn, deposits reached EGP 159.795m YTD

Total assets increased to EGP 195.780bn, up 3% from December 2016

Hossam Mounir

Ministries discuss manufacturing transport equipment

Regional Ring Road, Shubra-Banha road, and upgrading train stations, platforms, and railway…

Hossam Mounir

MIDB injected EGP 150bn in its capital

We target to achieve a growth rate of 25% in all indicators…

Hossam Mounir

EGP stays steady against US dollar despite church bombings

Bankers claim the attacks will not impact the exchange rate greatly

Hossam Mounir