Month: May 2016

CBE to present 3-month report of SME financing initiative to parliament

The financing initiative does not include micro-projects and Negm did not give…

Egypt’s electronic payment market ranks third largest in Arab region

The Arab market grew by 23.3% and the market reached $5.1bn in…

Mohamed Alaa El-Din

Private sector accounts for 59.3% of credit facilities granted by banks to clients: CBE

Industry at forefront of economic sectors funded by banks followed by services,…

Hossam Mounir

Court adjourns session on lawsuit to abolish demarcation deal to 7 June

Judge obliges the government to present documentation and maps of the agreement

Taha Sakr

CBE provides $120m to cover pharmaceutical product import requests

The CBE called banks to cover their customers' requests with the US…

Hossam Mounir

First trial in prosecutor-general’s assassination set for 14 June

Hisham Barakat’s motorcade was targeted by assailants in June 2015, which led…

Daily News Egypt

Alleged Muslim Brotherhood members sentenced to life

Numerous people have received prison sentences on charges of committing attacks of…

Adham Youssef