Hossam Mounir

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Annual urban inflation slows to 30.6% in April 2023

Annual core inflation records 38.6% in April 2023

Hossam Mounir

HDB offers new savings certificate with 20% yield 

Minimum purchase price for new certificate is EGP 100,000

Hossam Mounir

Mohamed Korayem appointed as CEO and Managing Director of I-Score

Sionara Al-Asmar named Deputy Managing Director

Hossam Mounir

Most prominent BoP indicators show improvement in 1H 2022/23: CBE

This was largely attributed to the decline in the trade deficit by…

Hossam Mounir

$548m increase in Egypt’s international  reserves in 4 months: CBE

International reserves record $34.551bn in April 2023, compared to $34.003bn in December…

Hossam Mounir

Domestic liquidity in banks records about EGP 8trn in 1Q 2023: CBE

Domestic liquidity increased by about EGP 562.3bn in 3 months

Hossam Mounir

4 banks participate in 6th phase of lump-sum export subsidy dues payment

Banks are NBE, Banque Misr, Banque du Caire, and Export Development Bank

Hossam Mounir

Banks wait for signal to include tourism in industry support initiative

Prime Minister allocates EGP 10bn to tourism sector, bringing value of initiative…

Hossam Mounir

Finance Ministry to offer 27 T-bill, bond issuances worth EGP 409.25bn in May 2023

Offerings comprise 20 T-bill issuances worth EGP 397.5bn, 7 bond issuances worth…

Hossam Mounir

CBE explains why annual core inflation declines in March from February’s record level

Monthly headline urban inflation decelerated in March 2023 to record 2.7% down…

Hossam Mounir