Tag: banks

Three banks arrange EGP 5bn syndicated loan for NERIC

Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry…

Daily News Egypt Daily News Egypt

CBE enables instant inbound remittance transactions

The Central Bank of Egypt (CBE) has taken a significant step toward…

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Banks, mortgage companies inject EGP 78.66bn into low-income initiative in November

Financial institutions participating in Egypt's low-income mortgage finance initiative provided a total…

Hossam Mounir Hossam Mounir

MSMEDA partners with banks to offer Islamic financing for small enterprises: CEO

Basel Rahmy, CEO of Egypt’s Micro, Small, and Medium Enterprises Development Agency…

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Multilateral banks laud Egypt’s Climate Finance Platform at COP29

Twelve multilateral development banks issued a joint statement at COP29 in Azerbaijan…

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Kredit secures EGP 875m in facilities from 9 banks, financial institutions

Kredit, a subsidiary of GB Capital for project financing, announced it has…

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Banks’ commitment to foreign currency requirements for import

Through its distinguished monetary policy and wise decisions, the Central Bank of…

Mohamed Abdel Aal Mohamed Abdel Aal

Egyptian government plans to borrow EGP 1.293trn from domestic market

The Egyptian government plans to borrow EGP 1.293trn from the domestic market…

Hossam Mounir Hossam Mounir

CBE withdraws EGP 1.24trn from 24 banks in open market operation at 27.75%

The Central Bank of Egypt (CBE) withdrew EGP 1.24tn from 24 banks…

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Egypt’s external debt falls to $152.9bn in June

Egypt's external debt decreased to $152.9bn by the end of June 2024,…

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