The Islamic Development Bank's total funding portfolio for Egypt has reached US$12.5 billion, including US$3.1 billion in 2014, director country department Mohammad Al-Saati said Sunday.
The IDB official has referred that his bank had signed (...)
The Commercial International Bank - CIB is allocating EGP 500 million (around $70mn) for the housing finance initiative of the country's Central Bank, a source with knowledge of the bank's decision told Amwal Al Ghad. The largest private-sector (...)
UAE's property company Emaar Properties is the most company about fulfilling requirements needed to start actual steps to list on the Egyptian Exchange, EGX chairman Mohamed Omran said during Euromoney Egypt Conference that wrapped up on (...)
Egyptian Minister of Tourism Hisham Zazou said Suez Canal project will contribute in doubling the revenues from US$5 billion to US$13 billion by 2023.
The Minister added in a keynote speech at Euromoney's 19th Annual Conference Cairo on Wednesday (...)
The African Development Bank (AfDB) is allocating a financing portfolio worth US$500 million for Egypt within 2015, resident representative in Egypt Leila Mokaddem announced.
Speaking to Amwal Al Ghad on the sidelines of Euromoney Egypt Conference (...)
Egypt's biggest state-owned National Bank of Egypt (NBE) has recently received a financing worth around US$200 million from the African Development Bank (AfDB), to go for the SMEs projects in the country.
Speaking to Amwal Al Ghad on the sidelines (...)
An official Banking source revealed that the National Bank of Egypt (NBE) is considering financing EGP200 million and US$73 million (EGP700 million) to petroleum sector.
In statements to Amwal Al Ghad, the source explained that one of the major (...)
Egyptian Housing Ministry has signed a cooperation protocol with Banque Misr, National Bank of Egypt (NBE), Housing and Development Bank (HDB) in order to finance residential units in Madinaty and Rehab cities that owned by New Urban Communities (...)
Egyptian lender Housing and Development Bank (HDB) will not go on with its expansions in Libya in the meantime amid unstable security situation there, said Chairman Fathy El Sebai on Wednesday.
The bank has not taken yet any further steps as regards (...)