Hossam Mounir

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US dollar records lowest level against Egyptian pound since March 2017

Pound value against dollar gains over 23 piasters in March, 62 piasters…

Hossam Mounir

US dollar loses 5 piasters against Egyptian pound on Monday

Banks receive over $4bn FX inflows in January, February, says senior bank…

Hossam Mounir

EGP 735.59bn bank investments in T-bills by end-December 2018: CBE

Banks supported their securities portfolio with EGP 202.23bn in 2018

Hossam Mounir

Nine private, foreign banks in Egypt gain net profits of EGP 25.80bn in 2018

Five banks only earn billions in net profits, other banks acquired under…

Hossam Mounir

NBE allocates EGP 123m to legalise situation of Shaq El Teaban investors

Bank studies 300 applications seeking to obtain facilities

Hossam Mounir

CBE governor calls for enhancing independence of central banks in Africa

During meeting of Association of African Central Banks in Dakar

Hossam Mounir

Banque du Caire opens regional office in UAE for Gulf customers

Enhancing bank’s existence abroad one of our top priorities, says Fayed

Hossam Mounir

Beltone Financial expects another interest rate cut in next CBE meeting

Increase in inflation readings does not affect our forecast for inflationary pressures…

Hossam Mounir

Annual inflation rates increase 1.7% to reach 13.9% in February 2019: CAPMAS

Vegetables, poultry, milk, cheese, eggs push monthly inflation to 1.8% in February…

Hossam Mounir

Banks start issuing free e-wallets on International Women’s Day, Arab Financial Inclusion Day

CBE aims to encourage more people to join official banking system, says…

Hossam Mounir