Crédit Agricole Egypt nine-month net profit at EGP 1.03 bln
Crédit Agricole Egypt, part of France’s second-largest bank Crédit Agricole, reported on Thursday a 44.3 percent…
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First Abu Dhabi Bank restarts exclusive talks to buy Bank Audi Egypt
First Abu Dhabi Bank FAB.AD (FAB), the largest bank in the United Arab Emirates, has resumed exclusive talks with…
MSMEDA finances intensive-labour projects with EGP 228m in 11 governorates
Egyptian Micro, Small, and Medium Enterprise Development Agency (MSMEDA) signed contracts with 11 governorates for…
Egypt’s NBE injects $518.6mn as part of CBE’s mortgage initiative
Egyptian largest state-owned lender, National Bank of Egypt (NBE) says it has pumped 9.3 billion Egyptian pounds…
MSMEDA, Banque Misr ink EGP 500m deal to finance micro-enterprises
Micro, Small and Medium Enterprise Development Agency (MSMEDA) and Banque Misr, signed an agreement worth 500…
Banks secure EGP 15.4bnmln to Mashroak initiative for 154K projects
Banks in Egypt financed 154 thousands small and medium-sized enterprises with 15.4 billion Egyptian pounds as part…
Egypt to move central bank HQ to new capital – governor
Egypt plans to move the headquarters of its central bank to the new administrative capital at the end of 2021,…
Egypt expects second tranche of IMF loan in December – c.bank governor
Egypt expects to receive the second $1.6 billion instalment of its one-year $5.2 billion International Monetary…
Egypt’s net foreign reserves slightly up at end-August: c.bank
Egypt’s net foreign reserves rose to $38.36 billion at the end of August from $38.315 billion in July, the central…
Banque Misr’s BM Lease tops 16.63% Egypt leasing market share
Banque Misr’s BM Lease has grabbed 16.63 percent of the Egyptian leasing market share for the first five months of…