Hossam Mounir

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US dollar depreciates by 19 piasters against Egyptian pound last week

Egypt’s import bill has generally decreased, on back of commensurate decrease in…

Hossam Mounir

Mashreq Bank Egypt appoints Haitham Hammad as Executive VP

Hammad will also be responsible for managing standard customer experience and quality…

Hossam Mounir

Egypt’s annual urban inflation rises to 5.6% in June: CAPMAS

The agency added, in its monthly inflation report, that the whole country’s…

Hossam Mounir

HSBC Egypt appoints Todd Wilcox as Deputy Chairperson, CEO

Wilcox’s appointment was made with effect from 1 July, following the receipt…

Hossam Mounir

NBE attracts 2 million subscribers to Meeza card service

About EGP 2bn in transactions undertaken using Meeza cards was in purchases…

Hossam Mounir

Egypt’s net international reserves up $2.2bn in June to $38.201bn: CBE

Egypt's international reserves consist of foreign currencies, gold, special drawing rights (SDR),…

Hossam Mounir

Egypt banks see EGP 62bn increase in local currency deposits in May

NFA surplus with banks, CBE records about $5.3bn increase

Hossam Mounir

CIB Egypt reserves hotel floor as quarantine for employees if needed

Bank adheres to state precautionary measures from the very beginning to prevent…

Hossam Mounir

Finance Ministry to offer EGP 185bn worth T-bills, bonds in July

Move is to fill chronic budget deficit during Q1 of FY 2020/21

Hossam Mounir

SCB chief reveals details of EGP 250m cash investment fund launch

New fund provides effective tool in cash management field, provides tax benefits,…

Hossam Mounir