Hossam Mounir

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Amer denies plans to devalue Egyptian pound after its price falls in informal market

While the dollar is scarce, trader's speculation has also driven inflation, says…

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International purchase of treasury bills falls to lowest since 2011: CBE report

The CBE will institute a hedging mechanism with a unified dollar exchange…

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CBE revises mechanism of US dollar allocation

The CBE allocated $120m to banks on Tuesday to finance the import…

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NBE loans EGP 1bn to 1,734 micro and small-sized enterprises in February, March 2016

The bank provided EGP 23.4bn to 48,000 SMEs through of March 2016

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Banking market does not need another credit bureau: CBE deputy governor

A few days ago, a number of Egyptian and US investors filed…

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Banking expert warns against further EGP devaluation, unless CBE is prepared

The CBE should have enough dollar liquidity to control the market, otherwise…

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Analysts expect further EGP devaluation against dollar

Analysts cannot predict the timing and percentage of devaluation

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United Bank, SFD sign EGP 150m contracts to finance SMEs

The first contract stipulates that the SFD will provide EGP 100m for…

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CBE assigns $120m for importation of food commodities before Ramadan

This move comes within the framework of the bank's readiness to meet…

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