Year: 2016

As accusations mount, bankers deny overlooking contracting sector

NBE directs approximately EGP 34bn to this sector, or 15% of the…

Hossam Mounir

Faisal Islamic Bank of Egypt to focus on MSMEs in new lending policy

The bank has presented a plan to the CBE to increase the…

Hossam Mounir

MSCI Index posts daily gains

The index opened at 740.02 and continued to increase until it reached…

Daily News Egypt

SMPP to start operating Motaheda Carton Factory in September with 130,000 tonne capacity

Company loaned EGP142m from AAIB. Total loans to finance factory's construction amount…

Mohamed Ahmed

Rights lawyer released pending prosecution’s investigation

Al-Borai is accused of running a group that aims at disturbing national…

Daily News Egypt

SEC announces call for elections for vacant parliamentary seat

Former MP Tawfik Okasha was expelled from parliament last Wednesday

Daily News Egypt

Emirates NBD grants Global Lease EGP 50m loan

Loan to increase company's total investment obtained from debt to EGP 750m,…

Mohamed Ahmed

Mubasher to launch new package of portfolios to expand customer base

New package includes long-term portfolios dedicated to pensioners, health, education purposes, and…

Daily News Egypt

In Pictures: HSC organises celebrations for Egyptian junior national water polo team’s win

The Egyptian team will represent Africa in the FINA World Youth Championships…

Maya Nawar

Maamoura development to be completed within 3 years

Ministry of Investment is studying the establishment of a new 2.1km bridge…

Mohamed Ayyad