CBE sells banks $500m to insure strategic imports of food commodities and medicine
The CBE conducted the sale at an exchange rate of EGP 7.73…
Banking representatives gather in Khartoum for financial inclusion forum
Funding provided to SMEs, risk management departments, inclusive technology among forum's principal…
As accusations mount, bankers deny overlooking contracting sector
NBE directs approximately EGP 34bn to this sector, or 15% of the…
Faisal Islamic Bank of Egypt to focus on MSMEs in new lending policy
The bank has presented a plan to the CBE to increase the…
Banks submit SME loan programmes to CBE
The CBE's January announcement mandated that banks must direct a minimum of…
AAIB arranges EGP 2.5bn syndicated loan for Holding Company for Food Industries
Bank attracts EGP 25bn new deposits during first nine months of 2015
NBE targets EGP 65bn SMEs loans portfolio by end of 2020: Deputy Chairman
Bank invested $1.5bn to support importers, China Development Bank received entirety of…
$56m increase in foreign exchange reserves at end of February: CBE
The Central Bank of Egypt (CBE) revealed Thursday the balance of foreign…
Barclays intends to exit Egyptian market after 150 years of presence
Global Barclays Group decided to exit from the Egyptian market after about…
Group of Arab companies asks to establish industrial city in northwest Gulf of Suez with $3bn investments
Alliance formed of a group of Arab companies including Saudi, UAE, and…