Banks allocate EGP 114.602bn to face doubtful debts end-September: CBE
The ratio of non-performing loans up to 4.4% of total loans in…
Al Ahly Holding signs $1bn deal with Al Ghurair Group, Murban to reclaim 180,000 feddan, establish world’s largest beet sugar factory
UAE investors contribute to 70% of project’s capital, worth EGP 5.4bn, Al…
International, local financial institutions offer to invest $1.233bn in Egyptian T-bills
Interest up to a maximum of 3.75%, minimum of 3.73%, averaging 3.747%
Outstanding balances of international T-Bonds up to $20.57bn at end of November: Finance Ministry
2 T-bond tranches worth $2.57bn were floated for 8, 12 years on…
Fruits, vegetables, poultry push headline inflation down to 15.6% November end: CAPMAS
Monthly inflation records -07% against 2.6% in October
MSMEDA obtains €15m grant from EIB to fund infrastructure, community projects in 6 governorates
Projects benefit 2 million Giza, Alexandria, Sharqia, Menoufia, Port Said, Assiut inhabitants,…
Inflation includes Brent crude price rising to $76.7: CBE
Government aims to curb overall budget deficit to 8.4% of GDP in…
AIIB to introduce $510m investments into Egypt
Egypt has potential to be area’s eco-energy hub, we support state efforts…
NBE completed renovations of 178 branches, to re-open historic Mosky branch
Mosky branch represents important historical value for bank; its development comes within…
30% of ABE loans allocated to farmers, crop production: bank chairperson
Animal production projects receive 25% of portfolio, 20% for mechanisation projects, 25%…