Hossam Mounir

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Credit Agricole reports EGP 1.8bn profit in 9M of 2019

The deposit portfolio stood at EGP 41.1bn, while the loan-to-deposit ratio was…

Hossam Mounir

Forbes lists CIB among the top 500 companies in the world

The bank ranked 90th in the world this year, based on 1.4…

Hossam Mounir

CBE to offer $1.56bn worth T-Bills in auction Monday

The proceeds of this issuance will be directed to repay the earlier…

Hossam Mounir

Emirates NBD-Egypt, Marakez offers EGP 395m loan for new IKEA store

This step reflects the bank's efforts in supporting the Egyptian economy, says…

Hossam Mounir

Local, foreign financial institutions offer to invest €851.5m in Egyptian T-Bills

The CBE has issued a 364-day T-Bills auction worth €695m, due on…

Hossam Mounir

Egypt’s net foreign reserves rise by $128m to $45.247bn in October

It’s the highest foreign exchange reserves in Egypt’s history, covering more than…

Hossam Mounir

Issuance of executive regulation for e-payments law within weeks: CBE

Banks issued 3.5m Meeza cards until end-October, says CBE Deputy Governor

Hossam Mounir

ATAA Charitable Fund for the disabled targets EGP 200m in 1st phase of subscription

Minister of Social Solidarity announces opening subscription on Tuesday

Hossam Mounir

Remittances from Egyptian expats rose to $4.4bn in July and August: CBE

Remittances of Egyptians working abroad are one of Egypt's most important foreign…

Hossam Mounir

Banks in Egypt inject EGP 144.2bn to finance MSMEs from Dec. 2015 to June 2019: CBE

Service sector received EGP 62.2bn banking funds, while industrial sector got EGP…

Hossam Mounir