Hossam Mounir

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HSBC voted best cash management bank in Egypt, Middle East

The local recognition was complemented by other HSBC successes, with the bank…

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Household sector accounts for 82.92% of Egypt’s bank deposits in October

Total bank deposits amount to EGP 3.477trn, of which EGP 3.027tn in…

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Increased inflation in November makes Egypt’s interest fate open to speculation

Central Bank of Egypt to reduce interest rates by 50-100 basis points:…

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Egypt’s urban inflation increases to 5.7% in November from 4.5% in October

It added that the whole country’s CPI recorded 111.2 points for November,…

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Central Bank of Egypt allocates EGP 1bn to deploy 300k POS nationwide

We aim to reach 1 million POS within three years: CBE Deputy…

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Central Bank of Egypt extends tourism, retail loan initiatives to 2021 end

Tourism businesses welcome CBE decision, call for more flexibility in private sector…

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Egypt-France trade exchange scores $1.6bn in 9M 2020

The results, issued on Monday to mark Egyptian President Abdel Fattah Al-Sisi’s…

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Gold, SDRs’ November decline interrupts Egypt’s net international reserves growth run

Egypt's FX reserves increased by about $352m to $35.035bn: CBE

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Arab Banking Corporation signs initial contract to acquire BLOM Bank Egypt

Sources revealed that senior BLOM Bank Egypt leaders held meetings last week…

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83% of Egypt businesses expect pre-COVID-19 profitability by 2022: HSBC Navigator

About 83% of respondents from Egypt expect to return to profitability levels…

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