Hossam Mounir

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Emirates NBD launches specialised unit for financing SMEs in Egypt

Emirates NBD announced the establishment of a specialised unit for financing small-…

Hossam Mounir

33 banks offer investments worth EGP 278.85bn in CBE’s deposit operation

Thirty-three banks operating in the domestic market offered investments worth EGP 278.85bn…

Hossam Mounir

State banks boost their investment in treasury bills by EGP 13.8bn in July: CBE

Banking sector accounts for 77% of total outstanding balances of bills

Hossam Mounir

Household sector accounts for 62.8% of total deposits at banks in July

This sector’s deposits increased by EGP 8.849bn and EGP 2.729bn in foreign…

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Domestic public debt jumps to EGP 2.612tr as of end of June: CBE

The government’s net debt amounted to EGP 2.286tr during FY 2015/2016, an…

Hossam Mounir

Private sector acquire 59.5% of total credit facilities granted by banks to customers through July: CBE

Deposits increase by EGP 15.4bn, including EGP 12.8bn in local currency

Hossam Mounir

Delegation of Chinese investors meet with NBE officials to discuss investment opportunities in Egypt

The bank has invited the delegation to invest in a number of…

Hossam Mounir

CBE launches its regular auction with $120m, fixes US dollar at EGP 8.78

The Central Bank of Egypt (CBE) launched on Tuesday its regular weekly…

Hossam Mounir

NBE allocates €500m for financing private sector projects: chairperson

The bank has provided loans worth EGP 24.6bn for SMEs, with more…

Hossam Mounir