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IMF Loan Before 2013, Egyptian Pound Is Safe: Finance Minister
Finance Minister Momtaz El-Said tells Ahram Online an IMF deal is close to finalisation, Egyptian pound…
Banque Misr To Launch Two Investment Funds In 2013
Banque Misr targets to launch two investment funds each with capital of EGP 100 million by next year, sources told…
East Delta Electricity To Sign EGP 1.6 Bln Loan Agreement Next Week
The National Bank of Egypt (NBE), Banque Misr, Piraeus Bank Egypt, Industrial Development and Workers Bank of Egypt…
NBE Seeks International Loans To Lend Local Banks For Financing SMEs
The National Bank of Egypt (NBE) is currently in talks with international lenders to receive soft loans and then…
Finance Ministry Writes Off EGP 167 Mln Debts Owed By 75,000 Farmers
The Ministry of Finance approved writing-off debts of about EGP 167 million owed by about 75,000 farmers, according…
Banque Misr Offers Savings Certificate With 11.5% Quarterly Revenue
Banque Misr has launched Savings Certificate of Excellence with fixed return of 11.5% to be calculated from the…
NBO Signs Strategic Initiative With Nawras
National Bank of Oman (NBO) has signed an agreement with Nawras, to have joint sales and co-branding activities. A…
Ahlibank’s Al Hilal Islamic Banking Services Sponsors MIIFF
As part of its leading role in supporting the development of the Islamic financial industry, ahlibank, the leading…
World Bank Promises Aid To Burma
The World Bank has approved an $80m (£50m) grant and pledged lending for Burma, the second poorest country in Asia,…
NBE, ITIDA Signed EGP 150 Mln Deal For Financing Small IT Firms
The Information Technology Industry Development Agency (ITIDA) signed a cooperation agreement with the National…