Hossam Mounir

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World Bank approves second tranche as Egyptian pound falls, US dollar nears EGP 20

EGX hits record high on expense of the Egyptian pound

Hossam Mounir

FA Group Financial Consulting contracts with Prospect Capital to promote and fund projects in health, education and energy in Egypt

The Egyptian Financial Advisory Group (FA Group) signed a memorandum of understanding…

Hossam Mounir

8.4% increase in manufacturing index during October: CAPMAS

The manufacturing index (without crude oil and petroleum products) increased to 128.7…

Hossam Mounir

US dollar surpasses EGP 19 at CBE to hit highest rates since flotation

The US dollar price at the Central Bank of Egypt (CBE) and…

Hossam Mounir

Banque Misr finances import of basic, non-basic goods by $1.37bn since flotation: chairperson

Amount of collected US dollars amounted to $850m from clients, while new…

Hossam Mounir

Lack of investment opportunities straining Egyptian banks

The liquidity of the pound has increased by EGP 64bn since the…

Hossam Mounir

When will the Egyptian market stablise?

What we see happening now is normal, but we’re not used to…

Hossam Mounir

EGP 747.92bn total outstanding balances of local treasury bonds as of end of October 2016: Finance Ministry

The size of outstanding balances of treasury bonds in Egyptian pounds owed…

Hossam Mounir

US dollar slips more than EGP 0.22 at CBE on Thursday

In private banks, dollar prices ranged between EGP 18.20 and EGP 18.50…

Hossam Mounir

CBE issues new regulations for mobile payment services

New regulations and procedures constitute a new approach in the banking sector…

Hossam Mounir