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…
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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…
Egypt Economy Grew By 2.2 Pct In Jan-March -Planning Ministry
Egypt's economy grew by 2.2 percent in the first quarter of 2013, unchanged from the previous quarter but slower…
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…
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…
Experts Predict Higher Inflation Rates Amid Unchanged Interest Rates
Following the decision by Egypt’s Central Bank to keep the main overnight deposit, lending and discount rates at…
EGB, Misr Insurance to Launch Banking Insurance Service in Q1 2014
Egyptian Gulf Bank (EGB) aims at providing a new service; the banking insurance product for Misr Insurance Co.…
Misr Insurance Contracted Egypt Post to Collect Premiums
Senior sources informed Amwal Al Ghad that Misr Life Insurance has signed a partnership contract with Egypt’s…
