Hossam Mounir

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Military Production Ministry signs 5 protocols with local organisations to encourage local manufacturing

The Ministry of Military Production signed on Wednesday five cooperation protocols with…

Hossam Mounir

NBE finances imports worth $4.3bn for public, private sectors since pound flotation 

NBE's proceeds reached $2.2bn since 3 November 2016, while savings certificates with…

Hossam Mounir

Egypt’s self-sufficiency of wheat at 49.1% in 2015: CAPMAS

According to a recent report issued by the Central Agency for Public…

Hossam Mounir

Banque Du Caire participates in new initiative to support small and micro enterprises in Upper Egypt

The bank granted over 1.5m loans to owners of micro enterprises with…

Hossam Mounir

CBE pumps EGP 2.5bn into United Bank’s capital

Supporting the bank’s capital is meant to support its ability to expand…

Hossam Mounir

Food commodity price hikes push inflation to its highest since 2005: CBE

Recent CBE reports explain inflation hitting 25% at end of December 2016

Hossam Mounir

QNB ALAHLI gross loans increased to EGP 97.508m, up by 55% from December 2015

Net profit increased to EGP 4.203m, up by 32% y-o-y

Hossam Mounir

EFCBC urges banks to review position of companies wishing to obtain letters of guarantee 

Daker Abdellah, member of the board of directors of the Egyptian Federation…

Hossam Mounir

CBE to meet 8 times in 2017 to determine future of Egyptian pound’s interest rate

Direction of interest rate depends on inflation and government strategy, say analysts

Hossam Mounir

United Bank calls on parliament to lift immunity off Khaled Beshr to collect debt worth EGP 32m 

The United Bank requested the Egyptian House of Representatives to lift immunity…

Hossam Mounir