Hossam Mounir

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National Bank of Egypt acquires 24% stake in Aman Financial Services for EGP 480m

National Bank of Egypt Chairperson Hisham Okasha said that this step is…

Hossam Mounir

Portfolio investment flows to EMs to recover slowly in 2021: CBE

Egyptian economy contained reversal in portfolio investment flows thanks to its relatively…

Hossam Mounir

Central Bank of Egypt extends measures to contain COVID-19 repercussions until June 2021

Extension reflects CBE’s keenness to protect national economy, preserve gains of reform

Hossam Mounir

Buna conducts 1st intra-Arab transaction between Mashreq Bank, Banque Misr

The Arab Monetary Fund (AMF) has announced that its Buna payment platform…

Hossam Mounir

NBE, Banque Misr cut monthly return on savings certificates by 1%

Both banks cancel savings certificates with quarterly return

Hossam Mounir

ADCB reveals business strategy in Egyptian market during coming period

Bank aims to increase capital to comply with new banking law, expand…

Hossam Mounir

Central Bank of Egypt targets average inflation rate at 7% (±2%) in Q4 of 2022

Central bank to continue using monetary policy tools to control inflation expectations,…

Hossam Mounir

NBE leads banking alliance to provide EGP 2bn in financing to Oilex

The National Bank of Egypt (NBE) is leading an alliance of banks…

Hossam Mounir

Egyptian expats will be able to transfer remittances through post offices

National Bank of Egypt (NBE) and Egypt Post on Tuesday signed a…

Hossam Mounir

Egypt’s Banque Misr, Commercial Service join forces to boost exports

Egyptian Commercial Service (ECS) and Banque Misr have signed a cooperation protocol…

Hossam Mounir