Business

Find the latest business news on Egypt’s stock market, banking, investments, tourism, automotive, international business, technology, interest rates, currencies and funds.
Latest Business News

Members of ICT, industry look to CBE initiative for growth

Members of both the industrial and commercial sector and the information and…

Daily News Egypt

SMEs comprise 9.5% of United Bank’s loan portfolio by end of December 2015

We target 25% increase in funds directed to SMEs from the total…

Hossam Mounir

Lack of financing main obstacle facing start-ups and small companies in IT sector

Sector suffers from a shortage in number of “angel investors”, says El-Gebaly

Daily News Egypt

Banque Misr targets increase in SMEs loans to EGP 1.5bn by end of FY 2015/2016

The bank provides 55% of the total funds granted by banks as…

Hossam Mounir

Will CBE’s initiative solve funding concerns for IT companies?

Egyptian banks, however, are seeking to make their loans more competitive with…

Mohamed Alaa El-Din

IDBE launches 11 products, programmes to finance SMEs: bank chairperson

Loans to SMEs represent 16% of bank’s total loan portfolio, which we…

Hossam Mounir

UNB-Egypt aims to increase SMEs loans to 8% of total portfolio by year’s end

Bank developed a strategy to increase finances provided to the sector to…

Hossam Mounir

Metropolitan Consulting supports CBE’s initiative for financing SMEs

Nagaty said the company’s goal behind this step is to contribute to…

Hossam Mounir

CBE considers launching initiative to support micro-enterprises

Intensive meetings held with ministries, authorities responsible for financing micro-enterprises to finalise…

Hossam Mounir

EBI to hold conference on risk management in the banking sector

The conference will be held under the auspices of governor of the…

Hossam Mounir