Hossam Mounir

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Road accidents cost an estimated EGP 30.2bn in 2015: CAPMAS

The estimated value of the minimum economic cost of road accidents in…

Hossam Mounir

Treasury bond balance increases by EGP 5.1bn at end of July: Finance Ministry

The Ministry of Finance has announced that the government’s outstanding balance in…

Hossam Mounir

Parliamentary committees approve PBDAC Act, transfer of its ownership to the CBE

We are awaiting the final vote; this move would restore the bank's…

Hossam Mounir

Total value of banknotes issued increases by EGP 10bn in May: CBE

Banknote issuance recorded its highest level to GDP since June 2015

Hossam Mounir

I-Score warns against fraudulent companies claiming to improve credit ratings

No entity or person, no matter the authority he/she has, can intervene…

Hossam Mounir

Banks to finish classifying SMEs, microenterprises to be financed by end of August: I-Score head

Nile Rating Company, specialised in SMEs, has merged in I- Score, said…

Hossam Mounir

The United Bank to be sold late 2016, early 2017: chairperson

The CBE received requests from a large number of international institutions to…

Hossam Mounir

Egypt to repay international bonds worth $3bn in December 2016: Finance Ministry

Egypt has other bonds worth $3.5bn that will be repaid in the…

Hossam Mounir

Metropolitan Egypt negotiates with Egyptian Gulf Bank, Banque Misr to provide financing for Enmaa projects

Enmaa needs financing worth EGP10m in the form of letters of guarantee…

Hossam Mounir