EBRD enhances financing to Egyptian small businesses via $75m loan to Banque Misr
EBRD is providing a $75m loan to Banque Misr to support the growth and development of small and medium sized enterprises (SMEs) in Egypt. SMEs account for over 90 percent…
EBRD boosts small firms through lending $30m to Arab African International Bank
EBRD is further supporting the development of small and medium-sized enterprises (SMEs) in Egypt with a $30m loan to the Arab African International Bank (AAIB). EBRD’s SME credit line will help AAIB to further…
EBRD, ALEXBANK support energy efficiency in Egypt
EBRD and the European Investment Bank (EIB) are planning to support energy-efficient and renewable energy investment in Egypt through a financing package to ALEXBANK in the amount of up to…
EBRD supports international trade through $10m loan to Al Ahli Bank of Kuwait-Egypt
The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of international trade with a $10m trade facility to Al Ahli Bank of Kuwait-Egypt (ABK-Egypt) under the EBRD’s…
Sharm El-Sheikh, Hurghada tourism hotspots in MENA: Colliers International
A forecast conducted by Colliers International for hotels of the Middle East and North Africa (MENA) region, for the three-month period from October to December 2017, has shown that Sharm…
India to participate in Mactech 2017 with 50 companies
India looks forwards to collaborating and working with Egypt more through trade and investments: Indian ambassador
EgyptAir signs major deal of 45 new aircraft with total value of $6bn
EgyptAir Holding Company closed a deal on Wednesday, worth $6bn, that will add 45 aircraft to its fleet, according to a statement from the company. The agreement was signed at…
Parliament approves Dabaa nuclear plant contracts
Decision on establishing executive agency for the plant in two weeks: Abdullah
Tourism ticket revenues reach $81,000 in 2017: Luxor antiquities director
434 visitor tickets, worth $69,440, sold during year of launch, include visits to tombs of Seti I and Nefertari, 126 student tickets worth $10,080
Unemployment fell slightly in Q3 2017
Unemployment settled at 11.9% in September from 11.98% in June and 12.6% in September 2016
