Business

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Latest Business News

HDB focuses on financing 4 major sectors of SMEs

Microenterprises will be financed through companies and associations specialised in these projects,…

Hossam Mounir

SMEs acquire 10% of HDB’s loan portfolio until September 2016: chairperson

The bank aims to increase the funding of such projects to 20%…

Hossam Mounir

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%,…

Hossam Mounir

Egyptian youth rank the economic situation as top challenge facing the country: UNDP

In Egypt, the top 1% of rich households strongly influence inequality, according…

Mohamed Samir

Government postpones negotiations on 5 electricity projects signed at Sharm El-Sheikh Economic Conference

$23bn worth of investments are suspended; competitive bids are the only solution

Mohamed Farag

Higher customs fees on 364 commodities unlikely to greatly affect inflation: experts

While experts agree that the government’s decision to increase customs duties on…

Hisham Salah

CIB retains 28% of CI Capital to ensure impact on company management: sources

The share ensures that the interests of the bank and CI Capital…

Mohamed Ahmed

281 ships transit the Suez Canal in 6 days carrying 15.8m tonnes

Suez Canal traffic data showed that 281 ships transited the canal, with…

Mohamed Ahmed

HDB graduates first batch in the SMEs financing training course

The Housing and Development Bank (HDB) and FA Group for Financial Consulting…

Daily News Egypt

Shoukry holds talks with US senators, House of Representatives members

Shoukry briefed the politicians on the latest economic reforms carried out by…

Daily News Egypt