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Microfinance loans rise to EGP 17.7bn in 2018

Tuesday 19/02/2019 22:53

By Ahmed Al - Desouki Egyptian Union of Microfinance Chairman Mona Zulfakar said that Egypt's industry witnessed steady growth over the past year. ...
NIB to swap shares with 2 lenders, insurance group

Tuesday 19/02/2019 14:10

By Ahmed Ashour: Representatives from National Investment Bank (NIB), the National Bank of Egypt (NBE), Banque Misr and Misr Insurance Holding Company...
CBE increases capital by EGP 7.6bn

Monday 18/02/2019 13:25

By Mohamed Salem and Sayed Badr: In agreement with Finance Ministry, the Central Bank of Egypt (CBE) pumped the largest increase, amounting to EGP 7.6...
Al Marasem to receive Sharia-compliant financing of EGP 940mn

Sunday 10/02/2019 18:52

By Mohamed Salem: Al Marasem International for Development Company signed contracts last week to receive a Sharia-compliant revolving loan worth EGP 9...
Putting a ceiling on nationalborrowing is on the offing: CBE

Monday 04/02/2019 9:27

By Yasmeen Fawaz Egypt's national debts have not reached worrying levels even after they headed towards USD93 in December 2018, according to deputy g...
Egypt's short-term dollar debt drops to $14 billion, finance ministry

Sunday 03/02/2019 22:28

(Reuters) - Egypt’s short-term dollar-denominated debt fell $3.25 billion to about $14 billion by the end of 2018, the deputy finance minister s...
Finance Ministry targets EGP 900bn tax revenues in 2019-2020 budget

Sunday 03/02/2019 22:24

By Sayed Badr The Ministry of Finance aims to increase tax revenues included in the budget for the next fiscal year 2019-2020 by 130 billion pounds ...
CLC to arrange EGP 450mn loan for a manufacturer

Sunday 03/02/2019 15:03

By Ahmed Desouqy and Sayed Badr: Cairo Leasing Corporation (CLC), owned by Banque du Caire, is currently arranging and managing a syndicated loan of E...
CIB takes the lead in brokerage in January, report

Saturday 02/02/2019 22:30

By Mostafa Talaat Commercial International Brokerage Company (CIBC), has topped brokerage transactions  on  January, taking over the Finan...
Only low-income earners to get softloans to finance properties

Thursday 31/01/2019 9:05

By Mohmed Salem & Ahmed Shawky The Central Bank of Egypt decided to continue offering low interest rates on real estate financing for only low-...