Egypt’s Social Fund for Development (SFD) plans to sign funding contracts worth 100 million Egyptian pounds (US$12.7 …
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"Industrial Development bank"
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Egypt is negotiating two loans worth US$1 billion from the World Bank to fund the country’s development …
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Egypt’s Industrial Development & Workers Bank (IDB) becomes the sixth public lender to offer new high-yield saving …
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Banks
EFG-Hermes stresses greater role for leasing in funding industrial sector
by Yomna Yasserby Yomna YasserThe executive chairman of EFG-Hermes Leasing, Wael Zeyada stresses the necessity of involving the leasing sector in …
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Head of the Federation of Egyptian Industries (FEI) Mohamed El-Sewedy announced a new project for the establishment …
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Banks
World Bank agrees to raise Egypt’s portfolio to $6bn: minister
by Yomna Yasserby Yomna YasserThe World Bank agreed to raise Egypt’s portfolio from $5.5 billion to $6 billion, increasing the bank’s …
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Banking leaders were in agreement that Tarek Amer was the best candidate for Governor of the Central …
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Banks
French Development Agency, CIB Egypt ink €80mn letter of intent
by Yomna Yasserby Yomna YasserEgypt’s biggest private bank, Commercial International Bank (CIB) has signed wih the French Agency Group Development (AFD) …
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Banks
Interview: Egypt is a Priority Country for the World Bank Group
by Yomna Yasserby Yomna YasserIn an interview first published by the Al-Ahram daily newspaper on June 10, 2015 during Jim Yong Kim’s …
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The Central Bank of Egypt gave no instructions to lenders operating in the country not to replace …