Hossam Mounir

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Government borrows more than EGP 1.1tn through treasury bills and bonds in FY 2015/16

Ministry of Finance reveals its intention to borrow EGP 317.5bn from banks…

Hossam Mounir

Banks ignore CBE’s interest rate increase

CBE will not keep current rates and may be reversed in three…

Hossam Mounir

Banks begin monitoring debit card transactions abroad

Misused debit cards will be suspended immediately, says the head of one…

Hossam Mounir

Foreign aid, loans kept foreign exchange reserves cohesive under Muslim Brotherhood and Al-Sisi

The Egyptian pound lost 16% of its value against the US dollar…

Hossam Mounir

Rami Aboul Naga succeeds Rania Al-Mashat on EGX board

Aboul Naga will succeed Rania Al-Mashat, who will move to the International…

Hossam Mounir

51.8% increase in number of foreign employees in governmental, public sector in 2015: CAPMAS

General Petroleum Corporation, ERTU attract highest number of foreign employees

Hossam Mounir

CBE governor claims report on IMF loan was incorrect

Reuters reported on Monday that Egypt is negotiating a loan worth $5bn;…

Hossam Mounir

12% in production value of iron, steel in public business sector 2014/2015: CAPMAS

The production value in the public business sector as a whole in…

Hossam Mounir