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Egypt’s FX reserves fall for first time after EGP float
Foreign reserves have fallen for the first time in two years: Egypt’s net foreign reserves fell in December for the…
Banking
Egypt seeking EBRD loan for 6 October-El Manashy railway
The Transport Ministry is in talks with the European Bank for Reconstruction and Development (EBRD) for a EUR 100 mn…
What we’re tracking on 06 January 2019
We here at Enterprise would like to wish all our readers a very merry Christmas as the Coptic Orthodox Church…
Egypt Post could be about to get into the microfinance game
Egypt Post could be about to get into the microfinance game: The ICT Ministry is planning to introduce microfinance services…
NAT to sign USD 1.2 bn loan agreement with China Exim for electric rail line
The National Authority for Tunnels (NAT) will sign before mid-January a USD 1.2 bn low-interest loan agreement with the Export-Import…
Egypt’s M2 Money Supply grows 14.4% y-o-y in November
Egypt is printing money at a slower pace: Egypt’s M2 money supply grew 14.04% y-o-y at the end of November…
SMEs Authority in talks with Banque Misr for EGP 500 mn for new projects
The SMEs Development Authority is in talks with Banque Misr to receive a EGP 500 mn loan to offer financing…
Egypt’s IDB grants EGP 50 mn to Tamweely for MSMEs
The Industrial Development Bank (IDB) has signed a EGP 50 mn agreement with microfinance company Tamweely to provide financing for…
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