80% rise in net foreign assets
The net foreign assets of the Egyptian banking sector as a whole, including the Central Bank of Egypt (CBE), scored about EGP 174.878bn at the end of August, compared to…
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 village for animal and agricultural production in the New Valley governorate: Elkosayer
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 22.34% by services
Global Entrepreneurship Week supports young startups in Egypt
The Global Entrepreneurship Week (GEW), the world’s largest celebration of entrepreneurship, kicked off on 12 November. Organized by the International Labour Organization (ILO) and the International Council for Small Business…
French-Egyptian Sustainable City week kicks off 22 November
French Ambassador to Egypt Stéphane Romatet will inaugurate the first session of the French-Egyptian week for exchanges and meetings on urban topics on 22 November. Under the title “Sustainable City…
‘Renewable Energy’: Lightening the path to future
The Maulana Azad Centre for Indian Culture of the Embassy of India in Cairo organised the 15th edition of MACIC Roundtable, a monthly seminar series involving youth, academics, culture lovers,…
AAIB opens its branches for primary school students within framework of its financial education programme
In the belief that applying the definition of financial inclusion is one of the main pillars to achieve economic growth through reaching the different segments of society and raising awareness…
AUC signs MoU to launch Luqman Weise Capital’s Masters Scholarship for Financial Technology
The American University in Cairo (AUC) has recently signed a memorandum of understanding (MoU) with financial investment company Luqman Weise Capital in order to launch the Luqman Weise Capital Master’s…
HSBC awarded Best Cash Manager in Egypt
HSBC bank was awarded as the Best Domestic Cash Manager for the eighth consecutive year by both corporations and financial institutions in the Euromoney Cash Management Survey 2017. HSBC was…