Islamic banking garners 6% of Egypt market share in 2018
The volume of Islamic banking in Egypt registered 300 billion Egyptian pounds by the end of 2018 capturing 6…
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National Bank of Egypt injects $1.9 bln for SMEs
National Bank of Egypt (NBE), the country’s largest state bank, injected funds worth 34 billion Egyptian pounds…
Egypt to pump EGP25bln investments to develop textile industry
Egypt’s Ministry of Public Business Sector seeks to pump investments of 25 billion Egyptian pounds to develop…
Egypt seeks to direct returns of selling unexploited lands to pay off debts
Egypt's Ministry of Public Business Sector is currently studying the mechanisms of developing and selling a part of…
EFSA: Egypt’s leasing contracts record EGP4.1bln in Jan.
Egyptian Financial Supervisory Authority (EFSA) revealed leasing contracts have signed 280 contracts worth 4.1…
Egypt’s MSMEDA signs 7 funding deals with international institutions
The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has signed seven funding deals with…
Egypt’s microfinance portfolio registers EGP 17.7bn during 2018: EMF
The value of Egypt’s microfinance portfolio has steadily increased during 2018 registering 17.7 billion Egyptian…
MSMEDA, SAIB negotiate new contracts worth EGP100mln
Societe Arabe Internationale De Banque - SAIB is negotiating with the Micro, Small and Medium Enterprises…
Egypt’s CIB boosts retail activities to $23.2 bln by 2018-end
Egypt’s biggest private bank, Commercial International Bank (CIB) boosts an increase of 4.2 billion Egyptian pounds…
IDBE, MSMEDA to sign a new deal worth EGP100mln pounds
Industrial Development & Workers Bank of Egypt has reach a new agreement with The Micro, Small and Medium…