dailynewsegypt.com
Hossam Mounir
2808 Articles
MOST POPULAR
1Egypt is a very dynamic market with great potential: HSBC Egypt Chairperson
2CBE approves instant payment network regulations, to be launched in current quarter
3Egyptian banking sector’s net foreign assets exceed $11bn in September 2021: CBE
4CBE to issue $1.6bn worth T-bills on Monday
5CBE launches 23 initiatives to support Egyptian economy during COVID-19 crisis: FEB chief
LATEST BY HOSSAM MOUNIR
Egyptian businesses predict double-digit revenue growth: HSBC
83% of businesses expect profitability to grow in next 12 months
Hossam Mounir
November 29, 2021
NBE launches ‘B2B’ e-payment service for corporates
Bank aims to expand e-payments in line with Central Bank’s direction towards digital transformation: Aboul Fotouh
Hossam Mounir
November 27, 2021
CBE launches EGP 5.5bn initiative to finance transition to modern irrigation
Initiative targets switching 4 million feddan to modern irrigation through loans from NBE, ABE
Hossam Mounir
November 27, 2021
MSMEDA injects EGP 106m into 3,705 small, micro enterprises
The fourth area at MSMEDA operates in the governorates of Alexandria, Kafr El-Sheikh, Beheira, and Matrouh.
Hossam Mounir
November 24, 2021
Islamic banking in Egypt valued at EGP 407bn in September 2021
Faisal Islamic Bank of Egypt in first place with turnover of EGP 126bn
Hossam Mounir
November 24, 2021
CBE’s decision to increase women representation on bank boards is highly praised
Decision comes within permanent efforts of CBE to empower women economically, show confidence in their abilities: Maya Morsi
Hossam Mounir
November 20, 2021
Egypt’s non-food inflation down to 4% in October 2021, lowest since December 2012
Annual urban inflation declines to 6.3% in October 2021
Hossam Mounir
November 17, 2021
CBE receives 33 bids worth $1.766bn for T-bills tender
Proceeds of latest tender will be directed to pay for previous one worth $1.585bn put forward on 17 November 2020
Hossam Mounir
November 16, 2021
Misr Capital completes EGP 749.8m worth securitized bonds issuance for EgyLease
Issuance comes in 4 tranches with maturities ranging from 9 to 60 months
Hossam Mounir
November 15, 2021
CIB co-hosts side event on role of public-private partnerships in climate finance at COP26
State is developing partnerships with private sector to combat effects of climate change: Minister El-Said
Hossam Mounir
November 15, 2021
CBE amends instructions on bank governance, board formation
Maximum two terms for non-executive board members, with limit of six consecutive or separate years
Hossam Mounir
November 14, 2021
CIB reports net income growth of 62% to EGP 3.81bn in 3Q 2021
Exceptional performance is driven by both balance sheet fundamentals and resilient solvency, says bank’s management
Hossam Mounir
November 14, 2021
CBE to issue $1.6bn worth T-bills on Monday
Proceeds of bid directed to pay previous tender worth $1.585bn
Hossam Mounir
November 13, 2021
‘Mashro’ak’ finance programme pumps EGP 21.4bn into 183k projects
Sharawy pointed out that Mashro’ak contributed during October 2021 only to the implementation of 2500 projects, with loans of EGP 500m, which provided nearly 20,000 job opportunities in all governorates.
Hossam Mounir
November 13, 2021
HDB reports EGP 2.038bn profits before taxes in September 2021, with 6.5% growth
Bank’s recent results reflect strong operational performance, developing clear strategy to be among top commercial banks: Ghanem
Hossam Mounir
November 13, 2021
Keeping policy rates unchanged remains consistent with 7% (±2%) inflation target: CBE
Yields on Egyptian Eurobonds have been broadly stabilized in August 2021 after inching up in July 2021
Hossam Mounir
November 13, 2021
NBE, Fast Cab Technology cooperate to support new ridesharing app ‘aseel’
NBE would basically offer car loans to aseel drivers
Hossam Mounir
November 10, 2021
Annual urban inflation in Egypt declines to 6.3% in October 2021: CAPMAS
The agency said, in its monthly report on inflation, issued Wednesday, that the general consumer price index for the country recorded 118 points for October 2021, an increase of 1.7% from September 2021.
Hossam Mounir
November 10, 2021
CBE, GAFI, and I-Score agree to exchange data electronically, facilitate procedures for investors
Protocol facilitates investment procedures by directly linking banks to GAFI instead of current paperwork cycle
Hossam Mounir
November 9, 2021
CBE receives 39 bids worth €819.5m for euro-denominated T-bills
Bank accepts 34 bids, worth €699.5m, with interest ranging between 1.37-1.4%
Hossam Mounir
November 9, 2021
17.7% decrease in Egypt’s trade deficit during August 2021
Exports value increases by 50.5% to $3.26bn in August 2021
Hossam Mounir
November 9, 2021
Egyptian exports show resilience during pandemic thanks to incentive measures: Cabinet
Egypt’s foreign trade increases 18.2% to $34.4bn in FY 2020/21, compared to $29.1bn in FY 2019/20
Hossam Mounir
November 8, 2021
CBE approves instant payment network regulations, to be launched in current quarter
Regulations aim to allow payments sent between accounts at different banks to be credited, debited instantly, says Rami Abulnaga
Hossam Mounir
November 8, 2021
Egypt is a very dynamic market with great potential: HSBC Egypt Chairperson
Egypt is one of main arteries for flow of global trade, which makes it an attractive destination for international investors
Hossam Mounir
November 6, 2021
Egypt records 1 billion e-transactions worth EGP 2.8trn during FY 2020/21: CBE
CBE allocates EGP 8bn to encourage electronic transactions: Ehab Nasr
Hossam Mounir
November 4, 2021
CBE launches 23 initiatives to support Egyptian economy during COVID-19 crisis: FEB chief
Six banks offer VACSERA EGP 170m to produce COVID-19 vaccine: El-Etreby
Hossam Mounir
November 2, 2021
Egyptian banking sector’s net foreign assets exceed $11bn in September 2021: CBE
Non-governmental deposits in local currency record EGP 4.239trn in September 2021
Hossam Mounir
November 1, 2021
Egypt-UK trade exchange records $1.2bn in H1 2021: CAPMAS
Data from the Central Agency for Public Mobilization and Statistics (CAPMAS) reveals that Egyptian exports to the UK increased by 52.2% to $591.1m in H1 2021, compared to $388.5m in H1 2020.
Hossam Mounir
October 31, 2021
Egypt’s Finance Ministry to issue EGP 242.75bn of T-bills, T-bonds in November
20 planned T-bills auctions worth EGP 179.5bn, 19 T-bonds auctions worth EGP 63.25bn
Hossam Mounir
October 31, 2021
3 factors determine how NGOs can obtain foreign funding: Talaat Abdel Kawy
Egypt has about 52,000 NGOs, only between 5 -10% receive foreign funding, says President of the General Federation of NGOs
Hossam Mounir
October 31, 2021

1 2 3 4 5 6 94
Receive our daily newsletter
Subscribe