Hossam Mounir

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GB Auto investments suspended due to dollar shortage: Ghabbour  

GB Auto’s new investments are suspended due to the dollar shortage, CEO…

Hossam Mounir

External debt drops $2bn over 3 months

Rate of increase in bank loans outstrips deposits for first time ever

Hossam Mounir

CBE asks banks to postpone loan premiums for tourism workers

Arrangements aim to help tourism workers hit by slump in the sector

Hossam Mounir

Banks adopt strict measures to issue new letters of credit

The CBE evaluates the banks' cooperation in providing the foreign currency through…

Hossam Mounir

Banks criticise CBE’s FX Auction regulations

The regulations were a new shock to banks that did not obtain…

Hossam Mounir

Banque Misr borrows $250m from foreign markets to boost foreign currency liquidity

The list of banks participating in this loan includes ABC-Bahrain, the National…

Hossam Mounir

Emirates NBD-Egypt launches new banking services package for major customers

Mother group aims at gaining the trust of Egyptian customers, say bank’s…

Hossam Mounir

Amer seeks banks’ support to overcome dollar shortages

Official letter calls for banks to maximise foreign exchange, working with foreign…

Hossam Mounir

AAIB launches Edu Invest programmes

Financing tuition fees ranges between EGP 15,000 and EGP 600,000 loan up…

Hossam Mounir

Banks ordered to prioritise providing foreign exchange for vital exports

CBE demanded that local banks prioritise directing their foreign exchange liquidity to…

Hossam Mounir