Hossam Mounir

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CBE grants banks $104.5m to cover multinational companies’ demands to import medicine, food

Foreign exchange reserves register sixth consecutive monthly increase in March

Hossam Mounir

Outstanding balances of treasury bonds increased by EGP 16.94bn at end of March

Total value of bonds issued in Egyptian pounds increased to EGP 729.97bn…

Hossam Mounir

SECON begins its Riyadh project in Egypt

Launching the project for marketing during Cityscape after obtaining the ministerial permit…

Hossam Mounir

Ashraf El-Kady sets five-year plan for United Bank’s work despite CBE announcement

CBE recently announced it would sell the bank to a strategic investor…

Hossam Mounir

Al-Sabah chosen as UAB chairman, replaces Barakat

Private sector must be given larger role in the achievement of economic…

Hossam Mounir

BLOM Bank Egypt establishes asset management company in partnership with parent bank

The bank received CBE’s approval to act as the national agent for…

Hossam Mounir

BLOM Bank Egypt reveals top features of 5-year expansion plan

Bank’s goals include increasing large and small branches network, presence in Upper…

Hossam Mounir

Cabinet reveals plan to borrow EGP 291.25bn from banks in next 3 months

Ministry of Finance reduces term of loans to five-year maximum, cancels seven…

Hossam Mounir

CBE closes 5 exchange companies for committing violations: deputy governor

Negm said the closure of money exchange companies and revoking their licenses…

Hossam Mounir

Banks must adhere to risk management system: CBE

Banking is most supported sector following 2011 revolution, owing to banking reform…

Hossam Mounir