Banque Du Caire, one of Egypt's largest and oldest public banks, is considering spending between €30 million and €35 million ($34.8 million and $40.6 million) on two syndicated loans.
The bank may pump €20 million into Suez Canal Authority's loan of (...)
National Bank of Egypt (NBE), the country's largest state bank, is negotiating loans worth €800 million ($941.1 million) with two international lenders, sources near from the talks said Tuesday.
The Egyptian bank is in talks with German state bank (...)
Egyptian central bank's assistant sub-governor says around 70 percent of the banks' financing for micro, small and medium-sized enterprises are dedicated for women-owned businesses.
This emphasises the growing economic empowerment for Egyptian (...)
National Bank of Egypt (NBE), the country's largest state bank, says it has received around 360 billion Egyptian pounds ($20.4 billion) from its high-yield certificates of deposit in almost one year.
The Egyptian bank has managed to attract one (...)
Chairperson of Egypt's Export Development Bank (EDBE) expects her bank will sign a $500 million financing facility deal with the African Export-Import Bank (Afreximbank) in a few days.
The Egyptian bank awaits the central bank's approval on the (...)
Qatar National Bank's financing for small and medium-sized businesses in Egypt is currently worth around 17.2 billion Egyptian pounds ($974.8 million), QNB AlAhli's chairman Mohamed El Deeb said Monday.
QNB AlAhli, the Egyptian unit of the Qatari (...)
The informal economy makes up between 50 percent and 70 percent of Egypt's GDP, the head of one of the largest public banks said on Monday.
The financial inclusion is a necessity for Egypt's economic development and ensuring its financial (...)
Egypt's Faisal Islamic Bank said Sunday it had completed upgrading its information technology infrastructure and systems during April.
Accounting firm Ernst & Young has conducted the studies on modernising Faisal Islamic Bank's technology (...)
Banque Du Caire, one of Egypt's largest and oldest public lenders, is planning to double its financing for small and medium-sized businesses to 4 billion Egyptian pounds ($221 million) at the end of this year.
The SMEs portfolio at the bank (...)
Banks in Egypt have contributed around 3 billion Egyptian pounds ($165.8 million) to corporate social responsibility projects, said central bank's deputy governor Gamal Negm on Saturday.
The Federation of Egyptian Banks announced a week earlier it (...)
Egypt's second largest state-owned lender, Banque Misr said Sunday it has provided around $5 billion to cover import payments since the central bank devalued pound in early November.
Mohamed Eletreby, Banque Misr's chairman, told Amwal Al Ghad that (...)
The Federation of Egyptian Banks is allocating 100 million Egyptian pounds ($5.5 million) for the second phase of a project to develop and upgrade the informal areas in Helwan, a southern suburb of Cairo.
The Federation has signed Thursday a (...)
كتب باهر القاضى
انتهت اللجنة المشرفة على انتخابات عضوية المجلس الأعلى للطرق الصوفية، اليوم الأربعاء، من فرز الأصوات على انتخابات الأعضاء لمدة ثلاث سنوات.
وانعقدت لجنة انتخابات الطرق الصوفية بمشاركة 57 شيخًا من أصل 72، تحت إشراف عبد الهادي القصبي، (...)
Egypt's second largest bank, state-owned Banque Misr will open its representative office in Russia in the second half of the current year, its vice chairman Akef El Maghraby told Amwal Al Ghad on Monday.
The bank has also plans to set up presence in (...)
Egyptian banks have raised 101 billion Egyptian pounds ($5.6 billion) in finances for around 37,000 small and medium-sized enterprises, central bank deputy governor Gamal Negm said Monday.
"The banks have also granted more than 6 billion pounds as (...)
Egypt's central bank is preparing the ground to launch a new initiative dedicated for the microfinance sector before the end of this month, deputy governor Gamal Negm announced Monday.
According to the new initiative, the banks will not be obliged (...)
Small and medium-sized enterprises are representing 18 percent of Egypt-based Misr Iran Development Bank's total credit portfolio of 7 billion Egyptian pounds ($386.6 million), managing director Amr Tantawi said Monday.
MIDB seeks to reach 20 (...)
أكد رئيس رابطة الدوري الإسباني، خافيير تيباس، وجود تلاعبات مستمرة بنتائج المباريات بدوري الدرجة الثانية، والدرجة الثالثة، في إسبانيا.
وقال تيباس، في اجتماع حول سبل مكافحة الفساد في الرياضة، اليوم الأربعاء: «هناك تلاعبات مستمرة بنتائج المباريات في (...)
تمكنت قوات الحماية المدنية بالجيزة، اليوم الأحد، من السيطرة على حريق شب بإحدى الشقق السكنية بالمنيل، دون وقوع إصابات.
ودفعت الإدارة العامة للحماية المدنية برئاسة اللواء مجدي الشلقاني، مدير الإدارة ب 3 سيارات أطفاء للسيطرة على الحريق قبل امتداده (...)
كتب- محمد عبد الجليل ويونس محمد:
نفت وزارة الداخلية، ما بثته بعض المواقع الإخبارية والقنوات الفضائية، العثور على عبوة بدائية الصنع أمام كلية التجارة جامعة طنطا، صباح اليوم الأحد، وتمكن الأجهزة الأمنية من التعامل معها وتفكيكها .
وأكدت الوزارة في (...)
محمد الجندى: الحكم واجب النفاذ.. ووزير الداخلية المسؤول ومعرض لتهمة الامتناع عن تنفيذ حكم قضائي
طالبت المهندسة هبة سعيد، شقيقة الشاب سعد سعيد، الذي لقي مصرعه جراء التعدي عليه بالضرب، والتعذيب داخل قسم شرطة الجيزة قبل نحو 4 سنوات، بتنفيذ حكم محكمة (...)
لا يشارك أوليفييه جيرو كثيرًا في التشكيلة الأساسية لآرسنال، لكنه أثبت أهميته مجددًا لمنتخب فرنسا بعدما سجل هدفين في الفوز 3-1 في لوكسمبورج بتصفيات كأس العالم 2018 لكرة القدم أمس السبت.
وسجل المهاجم القوي هدفيه 22 و23 مع بلاده ليصبح في المركز العاشر (...)
Egypt's biggest lender, the state-owned National Bank of Egypt says assets have surged to around 1.1 trillion Egyptian pounds ($58.5 billion) following Nov.3 flotation of the local currency, an official in the bank announced Wednesday.
NBE's Deputy (...)
Egypt's biggest lender, the state-owned National Bank of Egypt says net profits have exceeded 6 billion Egyptian pounds ($319.2 million) during the first half of the current financial year 2016/2017.
NBE's Deputy Chairman, Yehia Aboul Fotouh further (...)
Egypt's second largest state-owned lender, Banque Misr is planning to sign a loan worth $150 million with Abu Dhabi Islamic Bank-Egypt (ADIB) within the second quarter of financial year 2016/2017.
Mohamed El-Etreby, Banque Misr's Chairman, told (...)