Israeli escalation in Gaza amid warnings of humanitarian collapse    Tax revenues surge over 40% without new burdens: ETA chief    Egypt's public-private partnership investments hit EGP 19.8bn in FY 2023/2024: Tahoun Consulting    Egypt's PM attends Gabon president's inauguration after election win    Egypt's Abdelatty, US Advisor Boulos hold call on Africa, Middle East stability    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    EU ambassador commends Aswan's public healthcare during official visit    Agricultural Bank of Egypt offers 5-year livestock loans at 5% to support small farmers    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    EGP closes high vs. USD on Wednesday    Euro area GDP growth accelerates in Q1'25    Germany's regional inflation ticks up in April    Germany among EU's priciest labour markets – official data    Taiwan GDP surges on tech demand    UNFPA Egypt, Bayer sign agreement to promote reproductive health    Egypt to boost marine protection with new tech partnership    Eygpt's El-Sherbiny directs new cities to brace for adverse weather    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Egypt FM affirms full support for Somalia's unity, security    Central Bank of Egypt meets Chinese delegation to enhance bilateral relations    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt's Ministry of Health launches trachoma elimination campaign in 7 governorates    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Fourth Cairo Photo Week set for May, expanding across 14 Downtown locations    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    

Articles of the author Ahmed Ali Mohamed Hamdy Islam Abdelhameed Sayed Ba
Egypt's NBE bank seeks Kfw, EIB loans of up to €800 mln
National Bank of Egypt (NBE), the country's largest state bank, is negotiating loans worth €800 million ($941.1 million) with two international lenders, sources near from the talks said Tuesday. The Egyptian bank is in talks with German state bank (...)

26 - 10 - 2017
Women-led businesses capture 70% of Egypt banks' MSME funding
Egyptian central bank's assistant sub-governor says around 70 percent of the banks' financing for micro, small and medium-sized enterprises are dedicated for women-owned businesses. This emphasises the growing economic empowerment for Egyptian (...)

26 - 10 - 2017
National Bank of Egypt attracts one million clients from CDs in one year
National Bank of Egypt (NBE), the country's largest state bank, says it has received around 360 billion Egyptian pounds ($20.4 billion) from its high-yield certificates of deposit in almost one year. The Egyptian bank has managed to attract one (...)

23 - 10 - 2017
Egypt's Export Development Bank to sign Afreximbank $500 mln deal in days
Chairperson of Egypt's Export Development Bank (EDBE) expects her bank will sign a $500 million financing facility deal with the African Export-Import Bank (Afreximbank) in a few days. The Egyptian bank awaits the central bank's approval on the (...)

23 - 10 - 2017
QNB's SME funding in Egypt hit 17.2 bln pounds
Qatar National Bank's financing for small and medium-sized businesses in Egypt is currently worth around 17.2 billion Egyptian pounds ($974.8 million), QNB AlAhli's chairman Mohamed El Deeb said Monday. QNB AlAhli, the Egyptian unit of the Qatari (...)

23 - 10 - 2017
Informal sector contributes 50-70% of Egypt's GDP: NBE chief
The informal economy makes up between 50 percent and 70 percent of Egypt's GDP, the head of one of the largest public banks said on Monday. The financial inclusion is a necessity for Egypt's economic development and ensuring its financial (...)

23 - 10 - 2017
Gulf deposits to Egypt sharply fall to $2 bln in 2016: official
Deposits from the Gulf to Egypt's central bank (CBE) have fallen to record $2 billion during 2016, from $31 billion earlier in 2011, CBE governor Tarek Amer said Monday. "This fall has affected indeed the CBE's foreign currency liquidity," Amer (...)

27 - 03 - 2017
Foreign investments in Egypt t-bills, bonds rise to $4 bln after pound float
Foreign investments in Egypt's governmental treasury bonds and bills have risen to $4 billion after the country floated its currency on Nov. 3rd, said Deputy finance minister Ahmed Kouchouk on Tuesday. Before pound floatation, foreign investments in (...)

21 - 03 - 2017
Egypt's parliament may pass new investment law in 10 days: MP
The Egyptian parliament is expected to approved the long-awaited new investment law between one week and ten days, said head of the economic committee Aly El-Gohary said Tuesday. The new law will focus on the diversification of incentives and (...)

21 - 03 - 2017
Bavarian Auto Group BMW sole dealer's investments in Egypt hit $300mn
The total investments of Bavarian Auto Group in Egypt have reached US$ 300 million, its chairman told Amwal Al Ghad Tuesday on the sidelines of the second annual Egypt Automotive summit. The Bavarian Auto Group is considered one of the largest (...)

08 - 12 - 2015
Egypt aims to produce million cars by 2025: minister
Egypt is seeking to increase its production of automotives to produce million cars by 2025, the country's industry minister Tarek Qabil said Tuesday. Qabil further said in a keynote speech at the second annual Egypt Automotive Summit kicked off (...)

08 - 12 - 2015
SFD: Banque Du Caire plans new Contract to Support Microenterprises in Egypt
Social Fund for Development and Banque Du Caire are due to sign this year a new contract to support micro businesses in Egypt, SFD official said on Wednesday. According to Nevine Badreldin – Head of SFD for Microenterprises Sector, the anticipated (...)

21 - 01 - 2015
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