Tag: Finance

Investment fund to finance stalled factories in 2 weeks: Industry minister

Initial capital for fund at EGP 150m, programme to support exports studied,…

Shaimaa Al-Aees Shaimaa Al-Aees

EBRD loans NBK – Egypt $50m to finance SMEs

The loan contract was signed on Thursday by Managing Director of NBK…

Hossam Mounir Hossam Mounir

IMF visit to take place despite cabinet changes

The delegation will visit Egypt mid-September

Sara Aggour Sara Aggour

China’s stocks rout evokes global slowdown fears

The more than 8% plunge in the Shanghai Stock Exchange on Monday,…

Deutsche Welle Deutsche Welle

Educational organisation shutters, citing restrictive NGOs law

An educational organisation established after the 25 January Revolution by a prominent…

Emir Nader Emir Nader

Egyptian firms fear political instability, corruption: EBRD

Firms also identified informal sectors as one of the main obstacles they…

Sara Aggour Sara Aggour

Tax workers concerned over new civil service law

Amended law presents new system for salaries and vacations for civil workers

Menan Khater Menan Khater

Update: Egyptian cabinet approves budget draft for FY 2015/2016

Government targets 9.9% budget deficit, 23% increase in revenues and a 5%…

Sara Aggour Sara Aggour

Blom Bank Egypt to open 5 new mini-branches in 2015: CEO

Bank considering participation in massive projects in Egypt, whether directly or through…

Shaimaa Al-Aees Shaimaa Al-Aees

EGP 44.7bn for petroleum subsidies during first half of FY

EGP 600m urgently provided to 7 ministries

Sara Aggour Sara Aggour