2.4m small, microenterprises operating in Egypt as of end of 2015: CAPMAS
Agency recommends integrated national system for information about SMEs be formed; procedures…
NCR intends to offer omnichannel service in Egypt: managing director for Africa
The company aims to supply Egyptian banks with the latest banking technology…
UNB aims to boost SMEs financing to 8% of its total loans portfolio by end of 2016: vice chairperson
Union National Bank-Egypt (UNB) aims to boost its financing directed to small-…
United Bank intends to participate in the loan arranged for TE: bank’s chairperson
Volume of bank’s syndicated loans portfolio amounts to EGP 500m, with most…
AIB aims to increase loans granted to SMEs to EGP 7bn in 4 years: chairperson
The bank invested EGP 600m in the SMEs sector in 2015, with…
15.7% decline in Egypt’s trade deficit in June: CAPMAS
EGP 2.3bn increase in exports and EGP 3.2bn decrease in imports
Banks granted EGP 207.7bn more credit facilities over 11-month period: CBE
Industry sector accounts for 32.2% of the credit facilities; while only 1.4%…
41.9% decrease in tourist arrivals in July: CAPMAS
The number of tourists who travelled to Egypt in July was 529,200…
Household sector acquires 75.3% of total deposits in banks in May: CBE
The household sector acquired 75.3% of the total deposits in banks in…
Banque Misr launches service for credit score via ATM enquiry
Banque Misr launched a service that allows its customers to enquire about…