Hossam Mounir

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Industrial sector acquires 27.98% of bank loans

Government institutions are the second largest sector in terms of obtaining bank…

Hossam Mounir

Banks start activities of financial inclusion week on Thursday

Negm addresses banks to be present in remote areas, clubs, and universities,…

Hossam Mounir

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