Foreigners’ investments in Egyptian treasury bills increased to EGP 10.2bn following pound’s flotation: Al-Nozihy
Banks acquired 76.4% of the total outstanding balances of bills by the…
Increase of EGP 38.4bn in total credit facilities granted by banks to customers from July to October: CBE
The private sector acquires 59.6% of total credit facilities
14 banks finance 62,000 housing units with EGP 5bn within CBE initiative: Abdel Hameed
Head of the Mortgage Finance Fund Mai Abdel Hameed said that 14…
QNB AlAhli signs cooperation protocol with General Authority for the Suez Canal Economic Zone
We are keen to have a positive and influential role in financing…
US dollar supply at banks increase, demand cools
Banks operating in the local market are experiencing a US dollar supply…
El-Assar inaugurates sand processing plant at Helwan Iron Foundries after conducting development worth EGP 26m
The company will open a modern foundry project during the current year…
Flotation, high lending interest rate, VAT negatively affect real estate investment activity: FEDCOC
Alaa Fekry, member of the Real Estate Investment Division at the Federation…
Economic reform programme was a necessity, Egypt reached point of no return mid-2016: Abou El Oyoun
It was either reform or the halt of serving loans and an…
HDB raises number of branches to 71, opens in El Tor
The Housing and Development Bank (HDB) has increased the number of its…
NBE arranged 10 syndicated loans worth EGP 50bn in 2016
NBE occupied the first position in the Egyptian market, and the third…