Latest Business News
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…
SMPP to start operating Motaheda Carton Factory in September with 130,000 tonne capacity
Company loaned EGP142m from AAIB. Total loans to finance factory's construction amount…
Emirates NBD grants Global Lease EGP 50m loan
Loan to increase company's total investment obtained from debt to EGP 750m,…
Mubasher to launch new package of portfolios to expand customer base
New package includes long-term portfolios dedicated to pensioners, health, education purposes, and…
Maamoura development to be completed within 3 years
Ministry of Investment is studying the establishment of a new 2.1km bridge…
Banks submit SME loan programmes to CBE
The CBE's January announcement mandated that banks must direct a minimum of…
Companies express concern over decision to prohibit international credit card transactions
CIB prohibited international credit card transactions as trial before decision is officially…
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