Hossam Mounir

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Visa announces 3 partnerships at Cairo ICT to encourage electronic payments, support SMEs

Visa signed an MoU with FEDCOC, and partnered with ITIDA and Egypt…

Hossam Mounir

13.9% increase in value of Egyptian imports from East Asian countries in 2015

The Central Agency for Public Mobilization and Statistics (CAPMAS) recently issued its…

Hossam Mounir

Do not worry about volatility of exchange rate: bank leaders

Egypt is undergoing a new experience, and stability of the market relies…

Hossam Mounir

Military Production Ministry participates in DSS for first time 

The Ministry of Military Production is taking part in the second Defence,…

Hossam Mounir

Manufacturing index decreases by 2.6% during September: CAPMAS

The index of manufacturing (excluding crude oil and petroleum products) fell to…

Hossam Mounir

Flotation of the pound, raising interest rates limit growth of retail banking: banker

Attracting new customers, including university students, and offering modern banking technology are…

Hossam Mounir

Bank Audi Egypt aims to increase SMEs portfolio to EGP 6bn in 4 years: deputy chairperson

Current portfolio stands at EGP 1bn, supported by strong specialised SMEs financing…

Hossam Mounir

Exchange rate semi-stable at CBE, banks on Wednesday

At banks on Wednesday, the US dollar changed hands at EGP 17-17.5…

Hossam Mounir

NBE saving certificates with 16%, 20% interest collect EGP 92bn

NBE offered $600m for imports since the flotation of the pound, says…

Hossam Mounir

NBE receives EGP 15bn in new deposits in fortnight: chairperson

Banque Misr collected $400m during the first two weeks of the flotation,…

Hossam Mounir