Hossam Mounir

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CBE considers 4 scenarios for future of the Egyptian pound against the dollar

The CBE is awaiting the entrance of US dollar flows estimated at…

Hossam Mounir

Bank loans to customers increase by EGP 13.2bn in April: CBE

Private sector received 74.8% of total loans

Hossam Mounir

Treasury bond balance increases by EGP 5.5bn at end of June: Finance Ministry

Repayment of Qatari bonds reduced the size of US dollar bonds owed…

Hossam Mounir

CBE stabilises US dollar exchange rate causing confusion in market

The higher inflation rate caused the CBE to postpone another devaluation of…

Hossam Mounir

51.7% fewer tourists in May: CAPMAS

61.3% decline in Russian tourists; Saudis account for 31.2% of total tourists…

Hossam Mounir

Brexit negatively affects Egyptian remittances: UAB secretary general

Egypt had 29.8% of the total Arab remittances from Britain, says Fattouh

Hossam Mounir

Ministry of Finance reveals features of proposed customs law reforms

Introduction of a new system to receive information beforehand on all imported…

Hossam Mounir

Will CBE devaluate the pound on Tuesday?

The market awaits the launch of the first post-Eid dollar tender to…

Hossam Mounir

Inflation rises to 14.8% in June 2016: CAPMAS

CPI is a measure of changes in the purchasing power of currency…

Hossam Mounir