Egypt’s MSME agency to open a grand branch in new capital
Egypt’s Micro, Small and Medium Enterprises Development Agency (MSMEDA) plans to open a new branch and an…
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QNB captures 45.74% of Q1 factoring activity in Egypt – report
Egypt's Financial Supervisory Authority (EFSA) revealed in a recent report the biggest factoring companies in the…
Egypt to build giant commercial centre in new capital
Egypt’s New Administrative Capital Company for Urban Development unveils that it hopes to establish a major…
Egypt’s personal funding mounts to 255 bln pounds in February 2018
The value of personal funding in the Egyptian market has increased to record 255 billion Egyptian pounds by the end…
HDB pumps EGP 3.7 bln in CBE Mortgage initiative
The Housing and Development Bank has pumped 3.7 billon Egyptian pounds in the Central Bank of Egypt's Mortgage…
Export Development Bank pumps 350 mln pounds in petroleum sector
The Export Development Bank of Egypt (EDBE) has pumped 350 million Egyptian pounds in the petroleum sector during…
NBE’s credit portfolio increases 450 bln pounds in May 2018: Abou el-Fotouh
National Bank of Egypt (NBE), the country’s largest state bank, announced that its credit portfolio increased to…
Islamic banking garners 5.2% of Egypt market share in 2018
The volume of Islamic banking in Egypt registered 260 billion Egyptian pounds by the end of March 2018 capturing…
Egypt to pay $350 mln debt to Paris Club next month
Egypt plans to pay back $350 million of debt to the Paris Club of creditor countries next month, a senior source…
Egypt repays final tranche of Afreximbank loan
Egypt repaid a final tranche of the African Export-Import Bank (Afreximbank) loan worth $500 million, the bank’s…