Hossam Mounir

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3768 Articles

NBE, Banque Misr to post joint profits exceeding EGP 9bn

Banque Misr achieved net profits of EGP 2.51bn after taxes in FY…

Hossam Mounir

Audi Bank-Egypt EBRD sign $30 loan agreement to support SMEs in Egypt

The ERBD will use the loan to further its strategy in Egypt…

Hossam Mounir

Seasonal fall in vegetable prices behind decline in inflation in January

Value-added, reduction of imports, and depreciation of the pound stand behind curbing…

Hossam Mounir

NBE invested EGP 4bn into tourism after 25 January Revolution

The NBE has invested a total of EGP 13bn in the tourism…

Hossam Mounir

Outstanding balances of treasury bonds increased by EGP 13bn

Total value of bonds issued in EGP increased to EGP 698.85bn until…

Hossam Mounir

We will not put depositors’ money at risk by investing in stock market: Banks

Foreign banks prevent branches from investing in stock market, Egyptian banks resort…

Hossam Mounir

SECON content with capital volume as Nile Towers project continues

The agreement secured EGP 600m to fund the SECON Nile Towers project

Hossam Mounir

$90m increase in value of gold listed in forex reserves in January: CBE

The central bank awaits the Chinese loan and the first portion of…

Hossam Mounir

13% of IDBE’s loans portfolio goes to SMEs: Chairman

The bank seeks to raise loans to SMEs to 20% by late…

Hossam Mounir

NBE finances 45,000 SMEs with EGP 19bn

The bank participated in the CBE initiative for financing small and micro…

Hossam Mounir