Hossam Mounir

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37 local and foreign investors bid to invest €780.1m in Egyptian T-bills: CBE

CBE set accepted yield minimum at 1.4%, maximum at 1.5%, average at…

Hossam Mounir

Banque du Caire to offer 30-40% stake on EGX by end-2019 or early 2020: Chairperson and CEO

Fayed statement came on the sidelines of the loan signing ceremony with…

Hossam Mounir

IDB signs protocol with Port Said governorate to finance industrial units in South Raswa

54 clients would benefit from this protocol to provide them with the…

Hossam Mounir

Outstanding balances of T-bills, bonds reach EGP 1.97tn end-July

T-Bills balances reached EGP 1.203tn, T-Bonds at EGP 766.36bn, in addition to…

Hossam Mounir

Nine private banks in Egypt gain EGP 14.941bn net profits in 1H2019

CIB – Egypt tops the list by EGP 5.355bn profits, QNB Alahli…

Hossam Mounir

July’s Inflation reading heralds interest rates cut at CBE’s next meeting: Beltone

Inflation continued to slow in July despite subsidy reforms influenced by its…

Hossam Mounir

Strong growth in Al Baraka Bank Egypt’s financial position supported by ample funding potential: Beltone

Beltone added that the bank's operating expenditure increased by 11.1%, maintaining the…

Hossam Mounir

CBE issues import, export standards on foreign banknotes surplus

The CBE affirmed that these standards comes in the framework of the…

Hossam Mounir

Egypt’s net foreign reserves rose by $565m to $44.916bn end-July

According to the CBE, Egypt’s current net foreign reserves covers more than…

Hossam Mounir

EALB, Egyptian Banks Company sign protocol to issue Meeza card

Bank aims to expand in retail banking, attract new customer segments, says…

Hossam Mounir