HDB focuses on financing 4 major sectors of SMEs
Microenterprises will be financed through companies and associations specialised in these projects,…
SMEs acquire 10% of HDB’s loan portfolio until September 2016: chairperson
The bank aims to increase the funding of such projects to 20%…
HDB pumps EGP 56m in ‘Your Project’ programme over 7 months
Funding volume amounts between EGP 50,000-3m with an interest rate of 5%,…
Trade exchange between Egypt and outside world falls to $75bn in FY 2015/2016: CBE
Imports decline by $4.99bn, exports down by $3.54bn
506,200 tourists visited Egypt in October: CAPMAS
The number of tourist arrivals from all countries reached 506,200 in October,…
Credit facilities granted by banks to their clients in August increased by EGP 12.3bn: CBE
Private sector accounts for 59.4% of the total facilities, deposits increase by…
Egyptian pound continues to decline against US dollar at banks
The currency exchange is governed by supply and demand, says CBE and…
CBE allows banks to direct part of US dollar-denominated proceeds to cover temporary overdrafts on customer accounts
The Central Bank of Egypt (CBE) has allowed banks working in the…
Private construction companies implement projects worth EGP 39.8bn in 2015: CAPMAS
Construction companies in the private sector have implemented projects worth EGP 39.8bn…
Egypt’s consumer spending amounts to $156bn: Visa general manager
Consumer spending in Egypt reached $156bn, though the use of electronic payments…