80% of Wealth, Personal Banking customers registered online: HSBC Bank Egypt COO
Over 2m transactions performed since January 2020, representing total value of more…
Agricultural Bank of Egypt grants EGP 31bn in MSME loans during 2020
Bank allocates 70% of loans to agricultural SMEs, says Chairperson Alaa Farouk
Banks to inject EGP 117bn into MSMEs until 2022 end: CBE
Banks in Egypt required to increase financing to MSMEs to 25% of…
Agricultural Bank partners with Kafr El-Sheikh to support youth projects
Governorate is cooperating with ABE to set up projects in agriculture, fish,…
Bank NPLs ratio in Egypt declines to 3.4% in September 2020: CBE
Banks set aside allocations to counter doubtful debts amounting to EGP 152.999bn
CBE-hosted FinTech Innovation sprint launched to address COVID-19 challenges
Innovation sprint in line with Egypt’s FinTech strategy, promotes entrepreneurs and startup…
National Bank of Kuwait – Egypt to increase issued, paid-up capital to EGP 5bn
Bank will also increase authorised capital from EGP 2.5bn to EGP 10bn
Al-Sharif Group, NBE sign EGP 978.2m financing contract for Shepherd Hotel renovation
Renovation and upgrade of Cairo’s renowned hotel is expected to take 42…
Transport of Egypt’s petroleum products cost EGP 27.5bn in FY 2019/20
59.1m metric tonnes of petroleum products transported, at cost of EGP 164…
CBE amends provisions of tourism initiative guaranteed by Finance Ministry
New amendment stipulates that initiative would end after exhausting amount allocated or…