Month: November 2017

Volume of allocations in banks amounts to EGP 109.383bn

The volume of provisions made by banks to deal with bad and…

Daily News Egypt

Issued currency up EGP 17bn

Total currency issued by the Central Bank of Egypt (CBE) amounted to…

Daily News Egypt

Banks’ investments in T-bills reached EGP 549.96bn

Banks’ investments in treasury bills (T-bills) reached EGP 549.96bn by the end…

Daily News Egypt

Deposits portfolio reached EGP 3.124tn

The size of the banks’ deposits portfolio reached EGP 3.124tn at the…

Daily News Egypt

80% rise in net foreign assets

The net foreign assets of the Egyptian banking sector as a whole,…

Daily News Egypt

ABE, MSMEs Development Agency to sign agreement worth EGP 50m to finance women’s project within two weeks

Bank may offer funding scheme to contribute to establishing the first model…

Hossam Mounir

Private business 61.9% of total non-governmental credit facilities granted by banks: CBE

Industry obtained 26.894% of total loans, letters of credit and guarantee, versus…

Hossam Mounir

For first time, 4 Arab teams make World Cup

The 2018 Russian edition may witness Arab-Arab clashes

Alaa Moustafa

Global Entrepreneurship Week supports young startups in Egypt 

The Global Entrepreneurship Week (GEW), the world’s largest celebration of entrepreneurship, kicked…

Daily News Egypt

French-Egyptian Sustainable City week kicks off 22 November

French Ambassador to Egypt Stéphane Romatet will inaugurate the first session of…

Daily News Egypt