Food and beverage giant PepsiCo's Egypt arm signed on Monday a cooperation protocol with the Federation of Egyptian Industries (FEI) for empowering youth nationwide economically.
The deal will see efforts to provide jobs for Egyptian youth from 200 (...)
The Africa Export-Import Bank (Afreximbank) has secured, since its inception in 1993, $17.6 billion in credit facilities to support Egyptian financial institutions, an official in the bank said Monday.
Afreximbank's cooperation portfolio with Egypt (...)
Egypt -Spain Business Council aims to organize an Egyptian promotional mission to the Spanish market to attract investments during the first quarter of 2018, Maged al-Menshawy the head of the Egyptian side said.
He told Amwal Al Ghad that the (...)
The World Bank secured $700 million in support of the small-sized projects in Egypt over the past two years, said Egyptian Minister of International Cooperation Sahar Nasr on Monday.
Speaking at an SME conference in Cairo, Nasr said her ministry is (...)
Egypt's third biggest public lender Banque du Caire plans to inject 1.5 billion Egyptian pounds ($169 million) into small and medium-sized businesses, deputy head of credit division said Saturday.
The money will be in form of direct loans worth one (...)
World Bank will transfer a loan to Egypt when the country's parliament approve the new value-added tax act, namely VAT tax, said a government source with knowledge of the mater told Amwal Al Ghad on Sunday.
"World Bank's cash transfer to Egypt is (...)
Egyptian ministers of Industry, Supply, and Social Solidarity have opened today the 13th Middle and North Africa International Franchise Exhibition (MIFE) held at Cairo International Fair Ground.
Egypt is hosting MIFE - the largest and most visited (...)
Egypt's Social Fund for Development (SFD) is looking forward to a new loan from the World Bank Group at value of US$500 million, the fund's secretary-general Soha Soliman told Amwal Al Ghad Saturday.
Soliman stated that the targeted loan would go (...)
The French Development Agency (AFD) has given initial preliminary approval to secure a new finance worth €40 million to Egypt's Social Fund for Development (SFD), the Egyptian fund's secretary-general announced Wednesday.
Speaking to Amwal Al Ghad (...)