Tag: Finance

FRA amends financial solvency standards to mortgage finance companies

The amendment covers the issuance of a regulatory procedure to adjust mortgage…

Daily News Egypt Daily News Egypt

Egypt ministerial meeting discusses waste-to-energy finance

WTE occurs by burning waste in specialised incinerators without need to separate…

Daily News Egypt Daily News Egypt

Egypt signs $2bn conventional, Islamic facility to finance budget deficit

According to a Ministry of Finance statement, on Monday, the facility was…

Shaimaa Al-Aees Shaimaa Al-Aees

Fawry raises capital by EGP 400m to finance expansions

The capital raise will take advantage of favourable markets conditions, whilst helping…

Alyaa Stohy Alyaa Stohy

FRA adds new commodities, services under consumer finance umbrella

The move aims to facilitate the financing of their purchase, and to…

Daily News Egypt Daily News Egypt

No current plan for debuting EFG Hermes Finance on stock market: Group’s MD

Recovery from coronavirus crisis could take up to 18 months: Head of…

Alyaa Stohy Alyaa Stohy

Mortgage finance companies provide funds of EGP 423m in two months

Investors with incomes of up to EGP 2,500 acquired EGP 18m in…

Shaimaa Al-Aees Shaimaa Al-Aees

Mortgage finance increases 46.6% yoy in January: FRA

The FRA said that the value of mortgage refinancing decreased to EGP…

Shaimaa Al-Aees Shaimaa Al-Aees

Finance, Trade ministers sign 31 settlement agreements for late dues for exporters

Export Development Fund spends EGP 291m on 12 companies under stimulating investment…

Shaimaa Al-Aees Shaimaa Al-Aees

Banks in Egypt inject EGP 144.2bn to finance MSMEs from Dec. 2015 to June 2019: CBE

Service sector received EGP 62.2bn banking funds, while industrial sector got EGP…

Hossam Mounir Hossam Mounir