Hossam Mounir

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Initial audit report had no substantial effect on CIB financial position: Chairperson

Sami stressed that CIB pays great attention to CBE notices regarding compliance…

Hossam Mounir

Banks in Egypt discuss fate of interest rates following CBE’s cut

Yield of some savings certificates, loan products automatically decreases by 0.5%, while…

Hossam Mounir

CBE expects inflation to average under 6% in Q4 2020

Interest rate cut currently provides adequate support for economic activity, consistent with…

Hossam Mounir

HDB records EGP 1.9bn in profit before tax during 9M 2020

Positive results recorded despite economic challenges, exceptional circumstances this year: Chairperson

Hossam Mounir

Allianz Life Assurance sees 35% growth in FY 2019/20

Insurance company named world’s top Insurance Brand for 2nd consecutive time in…

Hossam Mounir

CBE to discuss fate of interest rate on Thursday

MPC meeting is shrouded in ambiguity regarding expected decision, as some analysts…

Hossam Mounir

Egypt’s urban inflation rises to 4.5% in October from 3.7% in September: CAPMAS

The agency added that the monthly CPI-U stood at 1.8% in October,…

Hossam Mounir

Egypt’s non-oil imports decrease to $45.55bn in 9M 2020: CAPMAS

Non-oil exports see slight downturn to total $18.76bn in 2020, against $19.23bn…

Hossam Mounir

CBE receives 43 offers worth €888.3m for Euro-denominated T-bills

The CBE had launched a tender to sell €690m 364-day T-bills on…

Hossam Mounir

NBE receives $108bn inflows since exchange rate liberalisation: Vice Chairperson

Aboul Fotouh told Daily News Egypt that the NBE has opened documentary…

Hossam Mounir