Hossam Mounir

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3770 Articles

Banks in Egypt show strong recovery indicators from COVID-19 repercussions in 2021

Net profits of banks increase to EGP 107.132bn in December, compared to…

Hossam Mounir

EGP 11.1bn allocated to funding women’s projects in Egypt over 7 years: Trade Minister

Political leadership is directing all support to raise economic, social levels of…

Hossam Mounir

Why Egypt’s annual inflation jumps to 32-month high in February 2022?

CBE attributes increase in annual urban inflation to strong monthly food dynamics…

Hossam Mounir

Egypt’s trade deficit decreases 21.6% in December 2021: CAPMAS

The Central Agency for Public Mobilisation and Statistics issued on Tuesday its…

Hossam Mounir

MSMEDA, Tax Authority call on firms with EGP 10m turnover to speed up declarations’ submission

Government offers new tax incentives to owners of registered projects without any…

Hossam Mounir

Egyptian remittances increase to $31.5bn in 2021

Remittances increase by 3.4% in December 2021

Hossam Mounir

CBE extends cash cover for foodstuffs until 15 March 2023

The CBE has extended the exclusion period twice in the past two…

Hossam Mounir

CBE conducts survey to find out needs of SMEs: Deputy Governor

Funding is no longer biggest challenge facing SMEs, as they need non-financial…

Hossam Mounir

33.47% deposit growth at HDB, registering highest rate among banks on EGX in 2021

Highest growth in corporate loans estimated at 36.7%, equity 25.10%, net income…

Hossam Mounir

Egypt’s external debt registers $137.4bn in September 2021: CBE

Long-term debt accounts for 91.6% ($125.9bn) of total external debt

Hossam Mounir