Egypt’s central bank is preparing the ground to launch a new initiative dedicated for the microfinance sector …
Gamal Negm
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Banks
Egyptian banks raised 101 billion pounds for SMEs – cbank official
by Yomna Yasserby Yomna YasserEgyptian banks have raised 101 billion Egyptian pounds ($5.6 billion) in finances for around 37,000 small and …
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The body of Egyptian top banker Nevine Lotfy, chief executive of Abu Dhabi Islamic Bank-Egypt (ADIB), was …
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A total of 53 foreign exchange bureaus have been closed since the start of the year, deputy …
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Deputy Governor of the Central Bank of Egypt (CBE) Gamal Negm met with officers from banking operations …
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Egypt’s central bank has named two deputy central bank governors in a board reshuffle, it said in …
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Industry & Trade
French Development Agency signs €70mn Egypt Loan for Home Gas Delivery
by Yomna Yasserby Yomna YasserEgypt and the French Development Agency (AFD) have signed a €70 million loan agreement for a project …
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Egypt’s Central Bank has not received any recent requests from local banks for a licence to provide …
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Egypt’s central bank is due to launch a new initiative to enhance the SMEs sector within next …
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Financial Institutions
Egypt’s Premier Orders SFD’s Board Restructure
by Yomna Yasserby Yomna YasserEgypt’s newly appointed Prime Minister Eng. Ibrahim Mehleb issued a decree on Tuesday to restructure the Social …