Latest in Tag: financing Highlight

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Latest in Tag: financing


How can Egypt bridge its financing gap?

How can Egypt bridge its financing gap?

Over the past two days, the prices of Egypt’s bonds offered in euros and dollars in foreign markets increased, and the price of dollar-denominated bonds due in 2047 rose to 59.7% at the end of trading on Friday, compared to 59.07% at the end of Wednesday’s trading.

Fatma Salah

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The role of Middle East banks in fighting terrorism financing

In the war against terrorism, it’s not just government agencies and military personnel who are on the front lines. Bankers can also play an important role in fighting terrorism. That’s because terrorism needs money to survive and thrive. Although terrorists are increasingly using alternative financial methods, the banking system continues to be the most reliable …

Mohamed Elbanna

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Record financing for SMEs in Europe

The European Investment Bank and the European Investment Fund have said an unprecedented amount of money has gone into supporting small and medium-sized companies across the EU in the past 12 months.European Investment Bank (EIB) President Werner Hoyer said in Brussels on Tuesday the EIB Group consisting of the lender and the European Investment Fund …

Deutsche Welle

Metropolitan Egypt

Metropolitan Egypt negotiates with bank to secure financing for 3 companies

Metropolitan Egypt is negotiating with a number of banks to provide financing worth EGP 14m to three companies working in chemicals, medical devices, and contracting, according to company head Khaled Nagaty. Yasser Kamal, credit supervisor at Metropolitan Egypt, said that ProPlan Contracting needs financing of EGP 5m, in addition to letters of guarantee worth EGP …

Hossam Mounir