Egypt News UN resolution to target ‘explicitly’ IS oil money aya salah Dec 16, 2015 0 A draft resolution to be submitted to the UN Security Council takes "explicit" aim at the Islamic State group and…
Banks Egyptian Electricity Transmission in talks for $894 million finance Yomna Yasser Dec 10, 2015 0 State-run Egyptian Electricity Transmission Company (EETC) is negotiating finance worth 7 billion Egyptian pounds…
Banks Hungary to finance Egyptian housing, desalination projects Yomna Yasser Dec 5, 2015 0 Hungary is ready to finance two projects related to housing and desalination fields in Egypt, said Egyptian…
Financial Institutions Lead Foundation loans $29 million to micro enterprises in Egypt Noha Gad Dec 2, 2015 0 Egyptian NGO, Lead Foundation's current portfolio for micro enterprises reached 225 million Egyptian pounds…
Banks Egypt’s Industrial Development Bank pumps $25mn into micro enterprises Noha Gad Dec 2, 2015 0 Industrial Development and Workers Bank of Egypt (IDWBE) has pumped around 200 million Egyptian pounds (US$25.5…
Financial Institutions Egypt’s T-bill yields almost unchanged at Sunday’s auction aya salah Nov 29, 2015 0 Yields on Egypt's three- and nine-month treasury bills are almost unchanged during Sunday's auction, data from…
Banks Greece can get next loan tranche, cash for bank recap: Euro zone Noha Gad Nov 22, 2015 0 Greece has done all the reforms in the a first package of measures agreed with euro zone creditors, which paves the…
Industry & Trade Egypt launches $19mn fund to support 871 default factories Noha Gad Nov 1, 2015 0 Trade ministry is to establish a fund with initial capital estimated at 150 million Egyptian pounds (US$18.6…
Banks Finance ministry passes $378mn supporting loan to support power sector Noha Gad Oct 17, 2015 0 Minister of Finance Hani Qadri Demian approved granting a supporting loan worth 8 billion pounds (US$378 million)…
Egypt News Parliamentary, municipal elections to cost Egypt 1.5 billion pounds aya salah Oct 14, 2015 0 The upcoming parliamentary poll and elections across Egypt's local municipalities are going to cost the country's…