Hossam Mounir

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What do leaders of Arab banks in Egypt say about the Egyptian market?

Reports by global institutions stress that Egypt has made noticeable progress over…

Hossam Mounir

Heads of banks explain Arab, foreign banks’ attraction to Egyptian market

Egypt is a promising market and has very few bank accounts compared…

Hossam Mounir

UBF to host 4th Middle East Banking Forum on Monday

The forum is held in cooperation with Financial Times Live, The Banker,…

Hossam Mounir

Federation of Egyptian Banks to meet Sunday in presence of CBE governor

The meeting is planned to discuss the most significant issues in the…

Hossam Mounir

CBE concludes financing deal worth $2bn from international banks

The transaction bolsters the liquidity and amount of the foreign currency reserves,…

Hossam Mounir

CBE instructs banks in some areas to remain closed on 11 November

The CBE’s measure comes as a precaution for violence that may occur…

Hossam Mounir

Banks pose new restrictions to confront saving certificates leveraging scheme

A number of banks in Egypt have developed new restrictions for granting…

Hossam Mounir

Egyptian pound appreciates against dollar in midst of imminent IMF loan signing, Trump elected president

The price of the Egyptian pound significantly increased against the US dollar…

Hossam Mounir

CBE raises price of US dollar to EGP 17.41 for buying, EGP 17.84 for selling

The US dollar exchange rate rose at the Central Bank of Egypt…

Hossam Mounir

IMF to decide on fate of Egypt’s $12bn loan Friday: CBE governor

The executive board of the International Monetary Fund (IMF) is set to…

Hossam Mounir