Soha Soliman appointed deputy chairperson of Banque du Caire
Egypt’s cabinet issued a decree on 26 November appointing Soha Soliman, the former managing director of the Social Fund for Development (SFD), as deputy chairperson of Banque du Caire. Soliman…
18 million people require microfinance in Egypt: former CBE governor
We need about EGP 54bn to finance 3.6 million families living below the poverty line
HDB focuses on financing 4 major sectors of SMEs
Microenterprises will be financed through companies and associations specialised in these projects, says vice chairperson
SMEs acquire 10% of HDB’s loan portfolio until September 2016: chairperson
The bank aims to increase the funding of such projects to 20% by the end of the four-year period, set by the CBE, said Fathy El-Sebai
HDB pumps EGP 56m in ‘Your Project’ programme over 7 months
Funding volume amounts between EGP 50,000-3m with an interest rate of 5%, projects obtain approvals in five days
Egyptian youth rank the economic situation as top challenge facing the country: UNDP
In Egypt, the top 1% of rich households strongly influence inequality, according to recent World Bank estimates
Government postpones negotiations on 5 electricity projects signed at Sharm El-Sheikh Economic Conference
$23bn worth of investments are suspended; competitive bids are the only solution
