Hossam Mounir

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US dollar price falls even further at CBE, banks while EGX profits EGP 9.3bn

The price of the US dollar dropped below EGP 16, with expectations…

Hossam Mounir

15 Arab banks, 7 joint Egyptian-Arab banks operating in Egyptian market

NBAD is one of the first Arab banks to begin operating in…

Hossam Mounir

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