Hossam Mounir

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Banque Misr, NBE receive definitive judicial ruling against head of Dreamland Group

Banque Misr and the National Bank of Egypt (NBE) said they obtained…

Hossam Mounir

Nestlé acquires Egyptian instant coffee company Caravan

Nestlé SA announced on Sunday that it has signed an agreement to…

Hossam Mounir

Banque Misr financed import operations worth $2bn, post-flotation collection of US dollars surpassed $1bn 

We aim to increase MSMEs financing to EGP 25-30bn by 2019, branches…

Hossam Mounir

I expect pound’s price against the dollar to improve in H2 2017: El-Menilawy

The price of the dollar is expected to range between EGP 15…

Hossam Mounir

Egyptian pound rate to improve in H2 of 2017: Mehrem

The fair price of the US dollar is EGP 7-9, and it…

Hossam Mounir

Pound’s rate against dollar to go through 3 stages in 2017, to reach EGP 14-15.5 by end of Q4: Abdel Aal

Over 12 elements support the local currency against the US currency this…

Hossam Mounir

US dollar price to remain between EGP 16-20 in 2017

The government is to lead the demand for the US dollar in…

Hossam Mounir

After full flotation of Egyptian pound, US dollar price targets cannot be specified: Aboul Fotouh

US dollar not expected to make large gains against the pound in…

Hossam Mounir

Exchange rate to balance in Q4 of 2017: Youssef

US dollar in 2017 will range from EGP 16-18, likely to close…

Hossam Mounir

Reform measures taken in 2016 to positively reflect on performance of economy, banks in 2017: El-Damaty 

Payment of temporary facilities obtained by customers in foreign currency is the…

Hossam Mounir