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Money
CBE Establishes SMEs’ Credit-Risk Mechanism
Dr. Farouk El-Okdah, governor of Central Bank of Egypt, said that the regulator studies introducing a credit-risk…
Banque Du Caire’s Corporate Loans Reached EGP 11 Bln Last March
Banque Du Caire’s corporate loans portfolio reached EGP 11 billion with an increase of 20% at the end of last…
SFD Financed More Than 18,000 SMEs In 2011
Social Fund for Development (SFD) has increased finances to small and medium enterprises (SMEs) by 250%,…
HDB To Focus More On Local Markets: Fathy El Sebaei
Fathy El Sebaei, Chairman and MD of Housing and Development Bank (HDB), said the bank will send a delegation to…
NBE Offers EGP 1.2 Bln For Micro-Enterprises
Soha Soliman, head of financing SMEs department at National Bank of Egypt (NBE), said the Bank targets expanding in…
Al Ghamrawi: Baraka Egypt’s Growth Rates Raise by 20%
Ashraf Al Ghamrawi, CEO of Baraka Bank Egypt, talked about the estimated budget of his bank during 2012 which aims…
Egypt To Work Harder To Secure IMF Aid
Egypt needs to do more to secure a $3.2 billion loan from the International Monetary Fund, including gathering…
“Bedaya” Provides EGP 500 Mln To SMEs
Reem El-Saedy, chief executive officer of entrepreneurship department at General Authority for Investment (GAFI),…
Osama Saleh: SMEs are the Backbone of Egyptian Economy
Osama Saleh, the Chairman of the Egyptian General Authority for Investment (GAFI), emphasized on the importance of…
Fattouh: Financing Gap in Arab Countries Reached $140 Bln
Wissam Fattouh, general secretary of Union of Arab Banks, said the latest statistics of International Finance…