El Sayed El Kosayer: from reforming ABE to the Agriculture Ministry
El Kosayer worked to restructure the Industrial Development and Workers Bank of…
Banque du Caire leads banking alliance to raise €150m for financing MDF factory
The factory is being built in Idku, Beheira, with a production capacity…
HDB’s NIAT increases to EGP 1.521bn in 9M of 2019: chairperson
These profits came despite the challenges that the banking sector has faced…
Egypt’s bank deposits and loans up EGP 126.34bn, EGP 12bn respectively in September 2019
Bank’s credit facilities declined by EGP 31.7bn in three months to EGP…
HC expects CBE to cut interest 0.5% during its next meeting on 26 December
We expect annual inflation to rise in December to 7.3%, which is…
CIB aims to increase its share of financing real estate companies to 37% in 2020: El-Ganainy
Real estate companies’ portfolio reaches about 15% of the total corporate credit…
PHD, CIB sign EGP1.1bn medium-term loan to refinance some existing debt
The Loan is segregated into Tranches A and B, with maturity of…
NBE, Holdipharma sign cooperation protocol to finance pharmacies
Bank’s SMEs portfolio amounts to about EGP 64bn, benefiting 74,000 projects, targeting…
Remittances from Egyptian expats hike to $6.7bn in 1Q20: CBE
Moreover, the remittances of Egyptian expats in September hiked about $2.3bn, recording…
US dollar continues to trade below EGP 16
Why the US dollar broke the EGP16 barrier and where to next?