Hossam Mounir

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First Abu Dhabi Bank launches bancassurance products, services in collaboration with gig

Union with gig will advance bank's efforts to offer best merits to…

Hossam Mounir

Emirates NBD Egypt plans to expand digital services in Egyptian market: CEO

Bank attracted 3m smart wallets, plans to add services through Chatbot, Avatar,…

Hossam Mounir

EGP 2bn net profits of Banque du Caire in 9M18

Bank injected EGP 1.6bn to fund micro projects, including 55% for Upper…

Hossam Mounir

Banks’ profits score EGP 48.499bn until September 2018

Top five banks account for 43.9% of profits, top 10 hold 61.07%:…

Hossam Mounir

FX Reserves to external debt highest in 6 years: CBE

An additional $12.7m new increase in FX reserves, reaching $44.513bn by the…

Hossam Mounir

Beltone expects limited impact on headline inflation from hike in customs FX rate

Move aims to increase tax revenues amid no new tax measures

Hossam Mounir

Banks’ investments in T-Bills reached EGP 749.117bn at end of October: CBE

Foreign investment in bills decline for 7th month in a row

Hossam Mounir

5 major banks represent UAE in Egyptian market

List includes Emirates NBD, First Abu Dhabi Bank, Abu Dhabi Islamic Bank,…

Hossam Mounir

Market welcomes CBE’s decision to end foreign investors funds repatriation mechanism

Decision planned since flotation in November 2016, we aim to direct investment…

Hossam Mounir

EGP liberalisation eliminated all FX shortage

Egypt's payments balance achieved overall surplus of $12.8bn, 5.1% of GDP for…

Hossam Mounir