Hossam Mounir

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Banque Misr signs protocol with IDA to finance establishment of industrial parks for MSMEs

Banque Misr and the Industrial Development Authority (IDA) signed a cooperation protocol…

Hossam Mounir

United Bank signs partnership protocol with Suez Canal Economic Zone

The bank will participate in financing major projects, and provide credit facilities…

Hossam Mounir

NBE, IDA to finance projects under ‘Your factory is ready’ initiative

Total SMEs portfolio in the NBE reached EGP 28.4bn and serves 51,600…

Hossam Mounir

Banque Misr records EGP 5bn increase in banking portfolio during last FY

The bank spent more than EGP 40bn on salaries transferred from public…

Hossam Mounir

Banque Misr offers loans worth EGP 33.2bn to several economic sectors

Loans will be granted to different sectors including maritime shipping, electricity, energy,…

Hossam Mounir

8 Egyptian banks among top 100 Arab Banks: UAB

Egypt occupies fifth place according to the number of banks on the…

Hossam Mounir

Banque du Caire to open 18 new branches in 2017: chairperson 

The bank's expansion plan comes in the framework of the implementation of…

Hossam Mounir

Uncertainty clouds future of interest rate on Egyptian pound

The Monetary Policy Committee will hold its last meeting in 2016 on…

Hossam Mounir

US dollar prices at banks vary considerably on Wednesday, official price drops by EGP 0.06

The dollar value is expected to drop as companies finalise their budgets

Hossam Mounir

Banks finance foreign trade operations worth $7.9bn since flotation until 14 December: CBE

This sum includes the repayment of letters of credit and documents of…

Hossam Mounir