Hossam Mounir

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EBRD to focus on financing renewable energy projects in Egypt

Bank received funding requests from 67 companies, hundreds of millions of euros…

Hossam Mounir

EBRD loans NBK – Egypt $50m to finance SMEs

The loan contract was signed on Thursday by Managing Director of NBK…

Hossam Mounir

Egypt’s foreign reserves lose $1.76bn in September

International reserves record lowest level in 1.5 years

Hossam Mounir

Banknote issuance increases to 13.09% of GDP in June: CBE

The rate of banknote issuance reached about 15.06% of GDP in June…

Hossam Mounir

28 banks offer to invest EGP 225.98bn of surplus liquidity in CBE deposits

The CBE raised the Deposit Operation mechanism on Monday, in order to…

Hossam Mounir

$63.27bn worth of international trade between Egypt and world in 9 months: CBE

The US and China are Egypt’s largest trading partners, the UAE is…

Hossam Mounir

United Bank seeks new, strong banking entity: Abdel Hamed

The bank aims to finalise bad debts portfolio, spread its branches and…

Hossam Mounir

Vital incentives to encourage foreigners to invest in governmental debt instruments: El-Kosayer

According to CBE, foreign investors were the second largest investors in Egyptian…

Hossam Mounir

Government plans to borrow EGP 281.5bn from banks in coming 3 months

Finance ministry to issue treasury bills worth EGP 199.5bn, bonds worth EGP…

Hossam Mounir

Foreign investments in Egyptian treasury bills amount to EGP 500m in June 2015: CBE

Foreign investment in government debt instruments is too little compared to before…

Hossam Mounir