Hossam Mounir

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Outstanding T-Bond balance falls by EGP 13.592bn: finance ministry

EGP-denominated bonds amount to EGP 712.68bn, next to $11.5bn on foreign markets 

Hossam Mounir

Egypt’s new “restructuring, pre-insolvency conciliation, and bankruptcy” bill

Federation of Egyptian Banks prepares a note of its remarks on the…

Hossam Mounir

Basic system for agricultural banks merger to be set up in two months: EAB head

We consult with the Minister of Agriculture and the CBE governor to…

Hossam Mounir

High-level Egyptian delegation visits Belarus on Sunday 

The National Organization for Military Production previously signed a cooperation protocol with…

Hossam Mounir

Market awaits changes in bank leadership in mid April

Banks will present their recommendations to the CBE’s governor, since the law…

Hossam Mounir

Egypt signs cooperation deal with Union Pipes

Ministry of Military Production is keen to participate in national development projects,…

Hossam Mounir

CBE forces banks to notify it before providing foreign currency to government institutions

Banks are obliged to notify the CBE before providing foreign exchange for…

Hossam Mounir

$7bn BOP surplus by end of first half of FY2016/2017: CBE

Surplus includes $5.1bn generated after flotation

Hossam Mounir

Dollar breaks EGP 17, driven by shortage at banks 

The US dollar exchange rate to the pound exceeded EGP 17.5 on…

Hossam Mounir

41% of Hermes’ One on One participants expect USD to settle at EGP 15-17

17% think it will reach EGP 13-15; 25% expect it to rise…

Hossam Mounir