AfDB Lends NBE, CIB Egypt $215 million
Egypt’s biggest state-owned National Bank of Egypt (NBE) has recently received a financing worth around US$200…
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African Development Bank
AfDB Pledges $500mn in Aid to Egypt in 2015
The African Development Bank (AfDB) is allocating a financing portfolio worth US$500 million for Egypt within 2015,…
AfDB, CIB Egypt Ink $50mn Agreement to Boost Trade Finance
The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, April 23 an unfunded $50…
African Development Bank Delays $357.1 mln Loan to Egypt Until Year-End
The African Development Bank (AfDB) has decided to postpone granting Egypt the EGP 2.5 billion loan (US$ 357.1…
Egypt’s Int’l Co-op. Ministry Signs US$ 2 Mln Grant Agreement With AfDB
The Egyptian Minister of Planning and International Cooperation, Dr Amr Darrag, has signed a cooperation agreement…
CEFRS Holds Workshop On How To Evaluate SMEs
Center for Economic & Financial Research &Studies (CEFRS) in cooperation with Social Fund for Development…
Kandil: 750.000 New Job Opportunities To Combat Unemployment
The Egyptian Prime Minister, Hesham Kandil, said the government is committed to tackle the unemployment in the…
Unemployment Rate In Egypt Hits 13% In 2012: AfDB
The African Development Bank’s Resident Representative for Egypt affirmed that the unemployment rate in Egypt is…
ASEA Conference Brings African Stock Markets Closer: Charles Boamah
Charles Boamah, Vice President of the African Development Bank, stated that the African markets have been…
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…
