Hossam Mounir

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Banque Misr offers loans worth EGP 33.2bn to several economic sectors

Loans will be granted to different sectors including maritime shipping, electricity, energy,…

Hossam Mounir

8 Egyptian banks among top 100 Arab Banks: UAB

Egypt occupies fifth place according to the number of banks on the…

Hossam Mounir

Banque du Caire to open 18 new branches in 2017: chairperson 

The bank's expansion plan comes in the framework of the implementation of…

Hossam Mounir

Uncertainty clouds future of interest rate on Egyptian pound

The Monetary Policy Committee will hold its last meeting in 2016 on…

Hossam Mounir

US dollar prices at banks vary considerably on Wednesday, official price drops by EGP 0.06

The dollar value is expected to drop as companies finalise their budgets

Hossam Mounir

Banks finance foreign trade operations worth $7.9bn since flotation until 14 December: CBE

This sum includes the repayment of letters of credit and documents of…

Hossam Mounir

World Bank approves second tranche as Egyptian pound falls, US dollar nears EGP 20

EGX hits record high on expense of the Egyptian pound

Hossam Mounir

FA Group Financial Consulting contracts with Prospect Capital to promote and fund projects in health, education and energy in Egypt

The Egyptian Financial Advisory Group (FA Group) signed a memorandum of understanding…

Hossam Mounir

8.4% increase in manufacturing index during October: CAPMAS

The manufacturing index (without crude oil and petroleum products) increased to 128.7…

Hossam Mounir

US dollar surpasses EGP 19 at CBE to hit highest rates since flotation

The US dollar price at the Central Bank of Egypt (CBE) and…

Hossam Mounir