Hossam Mounir

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QNB-Alahli acquires 7.95% of total loans, 5.62% of deposits for banks operating in Egypt

The bank’s loans-to-deposits ratio increased to 58%, compared to the 41% average…

Hossam Mounir

NBK-Egypt targets 30% growth in different activities by year-end: Managing Director

Egypt is one of the most prominent markets focused on in the…

Hossam Mounir

EBRD to focus on financing renewable energy projects in Egypt

Bank received funding requests from 67 companies, hundreds of millions of euros…

Hossam Mounir

EBRD loans NBK – Egypt $50m to finance SMEs

The loan contract was signed on Thursday by Managing Director of NBK…

Hossam Mounir

Egypt’s foreign reserves lose $1.76bn in September

International reserves record lowest level in 1.5 years

Hossam Mounir

Banknote issuance increases to 13.09% of GDP in June: CBE

The rate of banknote issuance reached about 15.06% of GDP in June…

Hossam Mounir

28 banks offer to invest EGP 225.98bn of surplus liquidity in CBE deposits

The CBE raised the Deposit Operation mechanism on Monday, in order to…

Hossam Mounir

$63.27bn worth of international trade between Egypt and world in 9 months: CBE

The US and China are Egypt’s largest trading partners, the UAE is…

Hossam Mounir

United Bank seeks new, strong banking entity: Abdel Hamed

The bank aims to finalise bad debts portfolio, spread its branches and…

Hossam Mounir

Vital incentives to encourage foreigners to invest in governmental debt instruments: El-Kosayer

According to CBE, foreign investors were the second largest investors in Egyptian…

Hossam Mounir