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Bank Audi to loan EGP 2 bn to SMEs to achieve 20% portfolio target
Bank Audi is planning to loan EGP 2 bn to small and medium-sized businesses by the end of next year…
Central Bank of Egypt sells USD 1 bn of 1-year t-bills
The Central Bank of Egypt (CBE) sold yesterday USD 1 bn in 1-year USD-denominated t-bills,official CBE data shows. The bills…
CBE to compensate bank lending under EGP 150 bn industrial, mortgage programs
CBE breaks down how it will compensate bank lending under EGP 150 bn industrial, mortgage programs: The Central Bank of…
House committee wants debt relief for industrial manufacturers
The House Industrial Committee is calling for the Madbouly government to conjure up a debt relief program for struggling manufacturers,…
CIRA plans EGP 2 bn in new investment, fresh securitization program
INVESTMENT WATCH- CIRA plans EGP 2 bn in new investment, fresh securitization program: EGX-listed education business CIRA will invest more…
FinMin aims to cut government spending by 6.5% next fiscal year
BUDGET WATCH- FinMin aims to cut government spending by 6.5% next fiscal year: The Finance Ministry is projecting a 6.5%…
Egypt signs USD 1.1 bn funding agreement with ITFC
Egypt to get USD 1.1 bn IFTC loan for commodity imports: Egypt has signed a USD 1.1 bn funding agreement…
Egypt launches EGP 100 bn program to boost local industry
Factories with annual sales of less than EGP 1 bn can now borrow at subsidized rates: The government and the…
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