Browsing Category
Main
NBE, Banque Misr provide EGP 50m to support small farmers
The National Bank of Egypt (NBE) and Banque Misr agreed to provide EGP 50 million to implement The World Food Programme in 40 villages in Upper Egypt o help smallholder farmers in Upper Egypt increase…
Read More...
Read More...
Africa’s trade to rebound in 2021 — Afreximbank
PAN-African financial institution, Afreximbank projects that the continent’s trade performance will rebound strongly in 2021 driven by demand for African exports and global economic recovery.
Read More...
Read More...
Banque du Caire signs deal to manage Etisalat’s digital wallet
Banque du Caire signed a cooperation of protocol with Etisalat Misr to manage the digital wallet of Etisalat Cash.
Read More...
Read More...
EGP 481bn increase in financial position of banks in Egypt during Q3
The total financial position of banks operating in the local market, other than itself, reached about EGP 6.889trn in September 2020, up from about EGP 6.408trn in June 2020, an increase of about EGP…
Read More...
Read More...
Egypt likely the only economy in MENA to expand in 2020: Oxford Business
Egypt’s economy is expected to be the only one in the Middle East and North Africa (MENA) region to expand in 2020 despite the ongoing COVID-19 crisis, based on the country’s economic resilience and…
Read More...
Read More...
EBRD provides Egypt with $12 mn loan to support tourism sector
The European Bank for Reconstruction and Development (EBRD) has provided Egypt with $12 million in order to support the tourism sector.
Read More...
Read More...
NBE leads banking alliance to provide EGP 2bn in financing to Oilex
The National Bank of Egypt (NBE) is leading an alliance of banks working in the Egyptian market to arrange an increase in financing for Oilex, an Egypt-based international company for the extraction…
Read More...
Read More...
France’s Nexans plans Africa cables manufacturing expansion
France’s Nexans plans to extend its sub-Saharan manufacturing capacity to make cables for domestic connectivity and supply renewable energy industries, Vijay Mahadevan, executive vice president for…
Read More...
Read More...
Egypt draws up $ 9.8 bn from international institutions during 2020, minister
The International Cooperation Ministry marshaled $ 9.8 billion to finance development projects in 2020, Minister Rania Al Mashat said yesterday during the launch of the ministry’s annual report
Read More...
Read More...
Egypt bans import of ceramics, porcelain for three months
The Egyptian Minister of Trade and Industry, Nevine Gamea, issued a decision to ban imports of ceramic and porcelain tiles for a period of three months effective as of the following day of its…
Read More...
Read More...


