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Egypt launches microfinance programme to contain informal economy
The Egyptian government has launched a microfinancing programme called “Nano Finance” to integrate the informal…
Beltone: Egypt central bank likely to keep rates steady at Jan. 16 meeting
Egyptian investment bank Beltone Financial said on Thursday the country’s central bank is set to hold interest…
5 African countries invite Egyptian contractors to invest in $650mn projects
Egyptian contracting firms are invited to participate in eight giant infrastructure projects in five African…
Egypt’s Industrial Development bank performing loans rise 38% 2019-end
Egypt’s state-run Industrial Development bank (IDB) said on Saturday its performing and non-performing loans…
National Bank of Egypt raises $68 billion since 2016-pound float
Egypt’s biggest state-run lender, the National Bank of Egypt (NBE) has raised $68 billion since the liberalization…
Egypt’s annual headline inflation rises to 7.1% in December
Egypt’s annual urban consumer inflation rose to 7.1% in December from 3.6% in November, statistics agency CAPMAS…
AAIB grants EGP 200m loan to Premium International
Arab African International Bank (AAIB) has provided Premium International for Credit Services 200 million Egyptian…
Banque Du Caire mulls SME loans of EGP5.5bln in 2020
Banque Du Caire considers injecting loans worth 5.5 billion Egyptian pounds into small- and medium-sized…
Egypt’s HC Securities advising on $90 million acquisition deals
Egyptian investment bank HC Securities and Investment is working on two acquisition deals, Mahmoud Selim, head of…
Misr Insurance Holding to form JV with Egypt’s two biggest state banks
Egypt’s state-run Misr Insurance Holding Company plans to form a joint venture with the National Bank of Egypt…