Egypt’s National Bank funds SMEs with $2.4bn in 2015
Egypt’s state bank, National Bank of Egypt (NBE) announced Saturday that it has provided 19 billion Egyptian pounds…
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loans
Egypt’s Alexandria Business Association injects $12mn into micro loans in January
Egypt's Alexandria Business Association (ABA) has pumped 95 million Egyptian pounds (US$12 million) into around…
NBE ups mortgage loans to $33.6bn to serve 3,520 low-income units
The National Bank of Egypt (NBE)’s mortgage loans, upon the central bank’s housing initiative, have increased to…
Egypt eyes $15 billion finance package from China: Minister
Egypt is in negotiations with the Export and Import Bank of China (EXIM) to secure a US$15 billion financing…
Egypt to ask China for multi-billion pounds in electricity upgrade loans
Egypt is planning to ask for a Chinese loan worth between 7-8 billion Egyptian pounds to finance upgrades to its…
Egypt: New measures to reduce consumer loans and diversify banks’ client base
Egypt’s central bank (CBE) has unleashed new measures to limit retail and consumer loans and to encourage banks to…
Saudi Arabia pledges fresh loans to Egypt to develop Sinai, purchase oil
Egypt agreed with Saudi Arabia to borrow $1.5 billion to develop the Sinai Peninsula, $1.2 billion to finance oil…
Alexandria Business Association injects $140mn for micro enterprises in 2015
Alexandria Business Association (ABA) has pumped 1.1 billion Egyptian pounds (US$140.4 million) 345,000 loans for…
China declares $60 billion ‘funding support’ for Africa
Chinese President Xi Jinping announced $60 billion of assistance and loans for Africa at a summit in Johannesburg…
Lead Foundation loans $29 million to micro enterprises in Egypt
Egyptian NGO, Lead Foundation's current portfolio for micro enterprises reached 225 million Egyptian pounds…
