Hossam Mounir

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3782 Articles

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

Banks introduce restrictions on dollar use abroad

Banks have the right to limit dollar use, in light of the…

Hossam Mounir

Dollar exceeds EGP 9 in Egyptian informal market for first time

Devaluation of the pound is not linked to import pressures, but a…

Hossam Mounir

CBE cannot be asked to bear more than it can to solve: El-Kosayer

The CBE is not responsible for providing the dollar; it is responsible…

Hossam Mounir

CBE raises cap on dollar deposit to $1m per month

The new cap compares to the previous daily limit of $10,000 on…

Hossam Mounir

Leaders of Arab construction federations to participate in Builders of Egypt forum

A number of heads of Arab contractors' unions will participate in the…

Hossam Mounir

Housing Minister, Real Estate Investment Division of FEDCOC to discuss real estate developers’ union draft law within days

Businessmen and real estate sector's representatives unanimously approve the initial draft

Hossam Mounir