Hossam Mounir

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CBE sets new change on import controls

It will exclude all goods imported by air freight, software programmes, applications,…

Hossam Mounir

Egypt to put forward dollar savings certificates for Egyptians abroad within days

NBE, Banque Misr approachs completion of details to avoid defects of Egyptian…

Hossam Mounir

CBE’s launch of United Bank IPO contingent on approval of 2015 budget: Official

Budget is currently being reviewed by the CBE, ASA

Hossam Mounir

CBE announces EGP 5bn loan programme for industry, manufacturing

The loans will be allocated for the purchase of machines and equipment…

Hossam Mounir

CBE to consider floating pound when foreign reserves hit $30bn

Actual value of imports amounts to approximately $90bn, in addition to smuggled…

Hossam Mounir

$1.208bn offered for investment in treasury bills

Return on bills increased by up to compared to last CBE auction…

Hossam Mounir

Uncertainty surrounds United Bank chairman appointment

While Fahmy is considered most likely to ascend to the leadership role,…

Hossam Mounir

Banks record EGP 8.2bn increase in deposits in November: CBE

Banks also saw a EGP 2.3bn increase in loans during the same…

Hossam Mounir

Egyptian banks unconcerned with Africa

Limited banking operations mostly in public banks, in Sudan, Uganda, Ethiopia, Libya

Hossam Mounir

CBE bans foreign currency transactions at local points of sale

According to the CBE, this decision came in light of the discount…

Hossam Mounir