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EBRD to support green SME projects with USD 150 mn loan
EBRD to support SMEs with USD 150 mn loan: The National Bank of Egypt will be receiving a USD 150…
CBE confirms EGP 50 bn tourism support program
CBE confirms EGP 50 bn tourism support program: The Central Bank of Egypt (CBE) will increase tenfold the funding it…
EBRD, Green Climate Fund to extend USD 100 mn green loan to Egyptian SMEs
EBRD, Green Climate Fund to extend USD 100 mn green loan to Egyptian SMEs: The European Bank for Reconstruction and…
Feasibility study reveals new details on Egypt’s commodities exchange
Feasibility study reveals new details on Egypt’s commodities exchange: The feasibility study for the planned Egyptian Commodity Exchange was leaked…
Lack of funding is not the only problem facing Egypt’s manufacturers
The EGP 100 bn subsidized loan initiative will help solve the funding problem for manufacturers, but other problems remain: Government…
Al Baraka Bank Egypt looks to acquire USD 400 mn loan from foreign lenders
Al Baraka Bank is in talks with foreign lenders for a USD 400 mn loan, CEO Ashraf El Ghamrawy tells…
Egypt’s Export Subsidy Fund to pay 40% of total overdue subsidies before mid 2020
The Export Subsidy Fund plans to disburse 40% of total overdue subsidies before mid-2020, head of the Textile Export Council…
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…
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