Hossam Mounir

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Absence of coordinating council in decision to increase interest rates

The CBE’s accompanying report on the decision was issued without Al-Mashat’s signature…

Hossam Mounir

Strong expectations about pound devaluation by CBE after raising interest rates

Analysts warn about the negative impact on inflation rate if the step…

Hossam Mounir

Banks to hold meetings on Sunday on the fate of interest rates following CBE decision

Banks will watch the decision’s impact’s yield on treasury bills and bonds…

Hossam Mounir

Household sector acquires 62.68% of total deposits in banks in March

Household sector adds about $2.8bn to its foreign exchange deposits, increases its…

Hossam Mounir

Industrial sector acquires 28% of bank loans in March

Most loans in the banking sector worldwide are granted to the industrial…

Hossam Mounir

CBE raises interest rate to its record high in 11 years

This increase boosts the CBE's deposit rate to 11.75% and lending to…

Hossam Mounir

Ambiguity mars CBE’s next move on EGP interest rates

The Central Bank of Egypt faces difficulty on inflation hike of more…

Hossam Mounir

Flat6Labs funds 46 projects worth $10m in Egypt, UAE, and Saudi Arabia over five years: managing director

Flat6Labs is a regional programme established in 2011 by Sawari Ventures and…

Hossam Mounir

Treasury bond balance increases by EGP 2.02bn at end of May: Finance Ministry

These bonds were put forward from 12 February 2008 until 26 April…

Hossam Mounir

CBE sells $120m to banks to release imported intermediate goods stuck in customs

El-Menilawy added that the CBE on Tuesday morning had asked the departments…

Hossam Mounir