Hossam Mounir

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New Administrative Capital Company, SMEDA sign MoU in field of small projects to establish permanent branch, exhibition of SMEDA in new capital

Niven Gamea, CEO of the Micro, Small, and Medium Enterprises Development Agency (SMEDA), and Yasser Al Baroudi, head of the Administrative Services Sector in the New Administrative Capital Company, signed a memorandum of understanding (MoU) to establish a branch of the SMEDA in the New Administrative Capital to provide all the financial and non-financial services …

Hossam Mounir

8.65% decrease in manufacturing, extractive industries index during April 2018: CAPMAS

The manufacturing and extractive industries index, excluding crude oil and petroleum products, scored 130.46 during April 2018, compared to 142.82 during March 2018, marking a decrease of 8.65%, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS). The index for the manufacture of basic pharmaceutical products and pharmaceutical preparations reached 150.03 in April …

Hossam Mounir

Egypt’s local public debt hits EGP 3.414tn end-2017: CBE

Egypt’s local public debt rose to EGP 3.414tn at the end of December 2017, compared to EGP 2.16tn in June 2017, of which 84.7% was due from the government, 8.2% from public economic bodies, and 7.1% from the National Investment Bank (NIB), according to the Central Bank of Egypt (CBE). The CBE said, in its …

Hossam Mounir