Banque Du Caire’s SME portfolio rises to EGP 10.3bn in 2019
Egypt’s state-run lender Banque du Caire‘s small and medium-sized enterprises (SMEs) portfolio rose to 10.3 billion…
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portfolio
Egypt’s NBE bank looks to reduce NPLs to $416.9mn in FY20
National Bank of Egypt (NBE) says it seeks to reduce its portfolio of non-performing loans (NPLs) between 7 billion…
Egypt’s NBE bank targets $5.5bn SMEs portfolio in 2020
The National Bank of Egypt (NBE) has financed small and medium-sized enterprises (SMEs) with 49.5 billion Egyptian…
Karma Real Estate to invest EGP 350mn in projects in 2019
Egypt’s Karma Real Estate says it plans to invest 350 million Egyptian pounds ($19.5 million) from implementing a…
Egypt’s c.bank to end forex repatriation mechanism
Egypt’s central bank (CBE) said on Wednesday it has decided to terminate the foreign exchange repatriation…
Elite to launch New Cairo’s commercial, administrative project early 2019
Egyptian Elite Real Estate Consultancy is preparing to launch a commercial and administrative project in New Cairo…
World Bank providing $500 mln investments in Egypt’s education reforms
World Bank Group is providing a $500 million investments in Egypt’s five-year education reforms in public schools,…
Region may have upward bias on global markets
Strong global markets may give Gulf bourses an upward bias on Sunday, although moderate trading volumes in recent…
SIAC Holding to inaugurate Magra Complex in Egypt mid-2018
Egypt’s SIAC Holding Development Group plans to inaugurate its administrative flagship Magara Complex in Sheikh…
UAE-based UPP seizes 5.68% stake in Egypt’s Palm Hills
UAE-based Union Properties (UPP) announced Wednesday that its wholly-owned subsidiary, UPP Capital, has bought a…
