Hossam Mounir

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Central Bank of Egypt to hold 8 monetary policy meetings in 2021

CBE to discuss future interest rates of Egyptian pound next Thursday

Hossam Mounir

HSBC voted best cash management bank in Egypt, Middle East

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

Hossam Mounir

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…

Hossam Mounir

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:…

Hossam Mounir

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,…

Hossam Mounir

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

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

Hossam Mounir

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

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

Hossam Mounir

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

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

Hossam Mounir

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

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

Hossam Mounir

Arab Banking Corporation signs initial contract to acquire BLOM Bank Egypt

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

Hossam Mounir