Hossam Mounir

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Accountability State Authority approves financial statements of IDBEE for past 3 years

We are working to have 2015 budget approved before mid-2016, Says El-Kosayer

Hossam Mounir

NBE, Banque Misr, Banque Du Caire to launch ‘Bilady’ certificates for Egyptians abroad

Certificate will be issued in dollars with three and five-year maturation periods…

Hossam Mounir

Money transfers of Egyptians working abroad may save the day for Egypt

El-Kosayer sent out invitation through DNE asking Egyptians abroad to transfer 25%…

Hossam Mounir

ADIB posts EGP 1.852bn increase in net loans portfolio

Loans portfolio at the bank increased by 1% in Q4 of 2015,…

Hossam Mounir

Banque du Caire conducts study of EGP 1.5bn investment

The bank invested EGP 1.4bn in projects related to electricity, housing, food…

Hossam Mounir

CBE finances purchase of housing for low-income earners with discounted yearly rate

Bank amends mortgage finance initiative, introduces another category of youth

Hossam Mounir

5 years imprisonment and fine of $250,000 for FATCA law evaders: USFAAF

7 million US citizens outside the US are liable if their bank…

Hossam Mounir

Banking sector allocates EGP 10bn for Housing Ministry to build 450,000 housing units: Amer

About 90% of national output in advanced societies is based on small…

Hossam Mounir

CBE decides to defer tourism sector debts to banks for 3 years

CBE will create unit to contribute to restructure the debts of tourism…

Hossam Mounir

Banks claim sufficient liquidity, technical expertise to finance Suez Canal projects

SCA reveals need to establish 42 investment projects in region, with financing…

Hossam Mounir