Day: December 3, 2016

CI Capital deal moves EGX towards historic level to reach 12,000 points: analysts

Technical analysts predicted that the deal would push CIB shares towards EGP…

Mohamed Ahmed

South Valley compares between borrowing, increasing capital to finance 2nd cement line

The company targets to increase its production capacity to 3m tonnes, and…

Mohamed Ahmed

Mega Holding negotiates to acquire transport company for EGP 60m

The company targets acquisitions in a number of sectors

Daily News Egypt

Soha Soliman appointed deputy chairperson of Banque du Caire

Egypt’s cabinet issued a decree on 26 November appointing Soha Soliman, the…

Hossam Mounir

18 million people require microfinance in Egypt: former CBE governor

We need about EGP 54bn to finance 3.6 million families living below…

Hossam Mounir

HDB focuses on financing 4 major sectors of SMEs

Microenterprises will be financed through companies and associations specialised in these projects,…

Hossam Mounir

SMEs acquire 10% of HDB’s loan portfolio until September 2016: chairperson

The bank aims to increase the funding of such projects to 20%…

Hossam Mounir