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…
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African Development Bank
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…
Banque Misr to Finance Suez Power Plant with EGP 400 mln
Banque Misr approved to contribute EGP 400 million to the long-term fund which is organized by the National Bank of…
NBE Mulls Bridge Loan of EGP 150 For EDEPC
The National Bank of Egypt (NBE) studies a proposal submitted by East Delta Electricity Production Company (EDEPC),…
Euro Crisis Cuts Growth In Africa: AfDB
Europe’s crisis is undermining growth in Africa at a time when governments in the world’s poorest continent are…