Banks to double SMEs financing volume in 2017
Banks granted financing worth EGP 17bn for small, micro, and medium enterprises…
Military Production Ministry signs 5 protocols with local organisations to encourage local manufacturing
The Ministry of Military Production signed on Wednesday five cooperation protocols with…
NBE finances imports worth $4.3bn for public, private sectors since pound flotation
NBE's proceeds reached $2.2bn since 3 November 2016, while savings certificates with…
Egypt’s self-sufficiency of wheat at 49.1% in 2015: CAPMAS
According to a recent report issued by the Central Agency for Public…
Banque Du Caire participates in new initiative to support small and micro enterprises in Upper Egypt
The bank granted over 1.5m loans to owners of micro enterprises with…
CBE pumps EGP 2.5bn into United Bank’s capital
Supporting the bank’s capital is meant to support its ability to expand…
Food commodity price hikes push inflation to its highest since 2005: CBE
Recent CBE reports explain inflation hitting 25% at end of December 2016
QNB ALAHLI gross loans increased to EGP 97.508m, up by 55% from December 2015
Net profit increased to EGP 4.203m, up by 32% y-o-y
EFCBC urges banks to review position of companies wishing to obtain letters of guarantee
Daker Abdellah, member of the board of directors of the Egyptian Federation…
CBE to meet 8 times in 2017 to determine future of Egyptian pound’s interest rate
Direction of interest rate depends on inflation and government strategy, say analysts