Hossam Mounir

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CBE maintains dollar at EGP 7.83

Dollar was devaluated by 20 piasters on Wednesday

Hossam Mounir

Fawry allocates EGP 20m to electronic commerce sector

By Mohamed Alaa El-Din and Hossam Mounir Fawry Company will allocate EGP…

Hossam Mounir

3 international investment funds acquire 85% of Fawry

Approximately 20% of the shares were acquired by the Egyptian American Enterprise…

Hossam Mounir

CBE intervenes to strengthen pound against dollar

Dollar fell in black market for hours until it suddenly stopped

Hossam Mounir

CBE raises EGP value against dollar by 20 piasters

The central bank will also cover 25% of the temporary credit facilities…

Hossam Mounir

Banque Misr saving certificates attract EGP 3.4bn by Tuesday

Daily News Egypt has learned that the NBE certificates succeeded in attracting…

Hossam Mounir

Suez Canal certificates safe in spite of NBE and Banque Misr rates: Analysts

Analysts ruled out that the owners of the Suez Canal investment certificates,…

Hossam Mounir

Banque Misr savings certificates attract EGP1.2bn by Monday afternoon: El-Etreby

The National Bank of Egypt (NBE) and Banque Misr offered, Sunday, savings…

Hossam Mounir

CBE to convert $4bn worth of dues on importers to local currency

Tarek Amer holds frequent meetings with public bank heads to discuss developments…

Hossam Mounir

Banking sector shaken by raised NBE, Banque Misr interest rates

Intensified meetings in banks to discuss the move’s effects on customer deposits

Hossam Mounir