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France and China to Set up Currency Swap Line – Hollande
France is working on setting up a currency swap line with China to boost the yuan's presence in international…
NBE, SFD Sign EGP 117 Mln Contract to Finance SMEs
National Bank of Egypt (NBE) has signed a new contract this week with Social Fund for Development (SFD) at a value…
Egypt C.Bank Raises EGP16 Bln At Repo
Today, Egypt Central Bank (CBE) has offered 7-day maturity worth EGP 16 billion to the local banks at interest…
Egypt C.Bank to Raise T-bills Worth EGP13 Bln T.bills Next Tuesday
On behalf of Ministry of Finance, Egypt Central Bank (CBE) will be offering treasury bills worth EGP 13…
S Korea and Japan Currency Swap Arrangement Reduced
The currency swap arrangement between Japan and South Korea will be reduced next month to its lowest level since…
United Bank Mulls Launch Of 2 Mutual Funds for SMEs At EGP200 Mln
Mohamed Ashmawy, chairman of United Bank, announced that his bank is studying the launch of 2 investment funds for…
QNB Group signs MOU with Attijariwafa Bank of Morocco
QNB, the World’s Strongest Bank, has signed a Memorandum of Understanding with Attijariwafa Bank, the first Bank in…
Islamic Development Bank Grants Egypt US$300 Mln
Dr. Amr Darrag, Egyptian Minister of Planning and International Cooperation, stated that the government has signed…
EBDA Launches Egypt SMEs Event Today
Conference on the Small and Medium Enterprises entitled ‘The Innovative Financing Mechanisms For SMEs in Egypt’ has…
SFD To Launch Restricted Speculation System To Finance SMEs in Egypt
Ghada Wali, general secretary of the Social Fund for Development (SFD), has announced on Monday that the fund…