Tag: Finance

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

20 banks finance 254,200 beneficiaries by EGP 24.6bn in CBE’s mortgage finance initiative 

8 companies inject EGP 1.5bn, Taamir Mortgage tops with EGP 551.6m with…

Hossam Mounir Hossam Mounir

EFG Hermes Finance intends to rely on financial technology in NBFS

EFG-Hermes Leasing considers new securitisation worth EGP 300-400m in Q4 of 2019

Alyaa Stohy Alyaa Stohy

MNHD, AAIB sign EGP 300m loan agreement to finance Sarai project

Naeem maintains BUY reccomendation for MNHD with TP of EGP 8.59/share

Alyaa Stohy Alyaa Stohy

UNIDO allocates $5.6m to finance energy efficiency improvement projects in factories

Allocated financing to be used in solar heating and electric motors

Mohamed Farag Mohamed Farag

Mashreq Bank – Egypt launches mortgage finance initiative to support low-income groups

Bank continue to participate in CBE initiatives, says El Bahey

Daily News Egypt Daily News Egypt

Parliament approves Egypt’s largest-ever budget of EGP 1.6tn for FY20

EGP 326.8bn for health and education, EGP 301bn for wages, EGP 149bn…

Mohamed Samir Mohamed Samir

Egypt’s budget deficit drops to 5.6% in 10M of FY 2018/19

According to the financial report, the overall deficit declined as a result…

Daily News Egypt Daily News Egypt

IFC invests close to $200m in Egypt, eyes opportunities in infrastructure, manufacturing sectors

The International Finance Corporation (IFC), a World Bank Group member, invested close…

Nehal Samir Nehal Samir