Federation of Egyptian Banks denies funding GERD: eletreby
The Federation of Egyptian Banks denies reports alleging that Egyptian banks shared in funding the Grand Ethiopian…
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Egypt’s MSMEDA offers EGP 27bn funding since inception in 2014
The Egyptian Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has injected more than EGP 27 billion…
EBRD approves $100m loan to NBK Egypt to finance private sector business
The European Bank for Reconstruction and Development (EBRD) approved the provision of a $100 million loan to the…
Egypt’s MSMEDA targets EGP 3bn funding to micro businesses during 2020
The Egyptian Micro, Small and Medium Enterprise Development Agency (MSMEDA) aims to provide about 200,000…
Alexandria Business Association injects EGP2.3bln into loans during Q1
Alexandria Business Association announced that its loans portfolio recorded 2.3 billion Egyptian pounds by the end…
Faisal Islamic Bank increases its issued capital to $506 million
Faisal Islamic Bank of Egypt has increased its issued and paid-up capital from $440,196,703 to $506,226,208 after…
Banque Misr co-arranges $34.2 million financing for Mediterranean Textile Company
Banque Misr, one of Egypt’s biggest state banks, has taken part in arranging a $34.2 million financing for the…
Egypt’s MSMEDA says has provided EGP 8 billion to women entrepreneurs since mid-2014
Egypt's Micro, Small and Medium Enterprise Development Agency (MSMEDA) provided 8 billion Egyptian pounds ($505.7…
Faisal Islamic Bank reports rise by 14.5% in its business volume during April
Faisal Islamic Bank of Egypt saw its business volume growing by 14.5 percent year-on-year (YoY) by the end of April…
Bank Audi Egypt detects 2 new coronavirus infections in its Shoubra branch
Bank Audi-Egypt announced that it has detected two positive coronavirus cases in its Shoubra branch including an…