Hossam Mounir

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New facilities to remove levy on taxpayers’ bank accounts: CBE

This is applicable on natural or legal persons regardless of their activity.…

Hossam Mounir

IDB finalises its technological infrastructure, prepares e-services launch

Bank allocates EGP 600m to comprehensive technological development, establish electronic branches, expand…

Hossam Mounir

Private sector holds 61.7% of total bank loans in April: CBE

Total deposits see 14.33% growth in April, compared to 13.9% in March;…

Hossam Mounir

Egypt’s microfinance market records EGP 17.866bn in Q1 of 2020

About 2,456 customers benefited from nano-finance products, with total EGP 577.3m in…

Hossam Mounir

Financial position of banks in Egypt up to EGP 6.421trn in April: CBE

Total deposits up by EGP 92.4bn, total loans rise by EGP 91.9bn

Hossam Mounir

MSMEDA develops plan to improve SMEs sector post-COVID-19: Trade Minister

Gamea explained that the agency is keen to meet with governors and…

Hossam Mounir

CIB reports EGP 7.542bn in pre-tax profit during H1 of 2020

Bank made allocations of EGP 2.260bn, compared to EGP 795m during same…

Hossam Mounir

Crédit Agricole proud of about 50-year operation in Egypt: Country Managing Director 

Crédit Agricole Egypt has successfully become market player and partner to Egyptian…

Hossam Mounir

Egyptian pound continues upmove against US dollar on increased FX inflows

Egypt buoyed up by recent IMF’s, international market’s cash injections estimated at…

Hossam Mounir

Banks in Egypt hedge against COVID-19 despite Q1 profit decline

Daily News Egypt monitors profit decline of 12 banks out of 16…

Hossam Mounir