Hossam Mounir

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AAIB seeks to attract more investments, contribute to development in the SCZone

The bank signed a memorandum of understanding with the General Authority for…

Hossam Mounir

Banks achieve net profits worth EGP 30.143bn in Egyptian market until September 2016: CBE

The five largest banks acquire 44.32% of total profits, 42% of total…

Hossam Mounir

Non-performing loans reach 5.9% by the end of September 2016: CBE 

The private sector acquired 70% of total loans offered by banks to…

Hossam Mounir

Government borrows EGP 1.121tn through bills, bonds during 2016

Ministry of Finance intends to borrow EGP 299.019bn from banks in Q1…

Hossam Mounir

EGP 27.4bn increase in total credit facilities granted by banks to clients during Q1 of FY 2016/2017: CBE

The private sector accounted for 59.6% of the total of these facilities…

Hossam Mounir

Egypt’s foreign debt jumps to $60.15bn by end of Q1 of FY 2016/2017: CBE

Egypt's foreign debts have jumped to $60.15bn during the first quarter (Q1)…

Hossam Mounir

Inflation aggravates difficulties facing non-oil private sector

Emirates NBD Egypt PMI continues to signal decline amid steep inflation

Hossam Mounir

10.5% decrease in tourist arrivals in November: CAPMAS

The number of tourists who travelled to Egypt in November 2016 was…

Hossam Mounir

CBE extends tourism sector support initiative until February 2018

The bank also decided to extend the retail loans initiative for employees …

Hossam Mounir

Banks offer investments worth EGP 91bn in CBE’s deposit operation on Tuesday 

Banks operating in the domestic market offered investments worth EGP 91bn of…

Hossam Mounir