Hossam Mounir

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Egypt received first $500m portion of loan from AfDB: Amer

The CBE awaits the first portion of the loan agreed upon with…

Hossam Mounir

Coordinating Council to discuss raising foreign deposit limit for companies

During its extraordinary meeting, council will review programme to support economy that…

Hossam Mounir

Bank Audi Egypt plans to pump EGP 8bn into different economic sectors in 2016

The bank is set to sign a loan agreement with the EBRD…

Hossam Mounir

NBE arranged 17 syndicated loans valued at EGP 65bn in 2015: Deputy Chairman

Electricity sector accounted for EGP 30.8bn; 14.8bn for petroleum; 9.45bn for construction;…

Hossam Mounir

CBE postpones decision regarding EGP interest rate to negotiate with coordination council

The Monetary Policy Committee (MPC) meeting took three hours Thursday and ended…

Hossam Mounir

General Assembly of the United Bank gives the current board a new three month tenure

The General Assembly of the United Bank, which was held at the…

Hossam Mounir

International foreign reserves ends in 2015 with a slight increase

CBE's international foreign reserves increase by $23m at the end of December

Hossam Mounir

Cooperation agreement between KarmSolar and Plus Leasing to irrigate 1.5m acres with solar energy

Plus Leasing has allocated EGP 30m to achieve this goal during 2016.

Hossam Mounir

11.6% increase in assets of Egyptian banking sector during first 9 months of 2015: UAB

Regulatory actions taken by CBE s capable of protecting Egyptian banking sector…

Hossam Mounir