The National Bank of Egypt (NBE)’s mortgage loans, upon the central bank’s housing initiative, have increased to …
Tag:
loans
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Egypt is in negotiations with the Export and Import Bank of China (EXIM) to secure a US$15 …
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Egypt is planning to ask for a Chinese loan worth between 7-8 billion Egyptian pounds to finance …
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Banks
Egypt: New measures to reduce consumer loans and diversify banks’ client base
by aya salahby aya salahEgypt’s central bank (CBE) has unleashed new measures to limit retail and consumer loans and to encourage …
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Egypt News
Saudi Arabia pledges fresh loans to Egypt to develop Sinai, purchase oil
by aya salahby aya salahEgypt agreed with Saudi Arabia to borrow $1.5 billion to develop the Sinai Peninsula, $1.2 billion to …
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Financial Institutions
Alexandria Business Association injects $140mn for micro enterprises in 2015
by Noha Gadby Noha GadAlexandria Business Association (ABA) has pumped 1.1 billion Egyptian pounds (US$140.4 million) 345,000 loans for micro enterprises …
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Chinese President Xi Jinping announced $60 billion of assistance and loans for Africa at a summit in …
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Financial Institutions
Lead Foundation loans $29 million to micro enterprises in Egypt
by Noha Gadby Noha GadEgyptian NGO, Lead Foundation’s current portfolio for micro enterprises reached 225 million Egyptian pounds (US$28.7million) at the …
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Egyptian Global Lease Company signed loans estimated at 600 million Egyptian pounds (US$76.6 million) with four banks …
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Financial Institutions
Egypt to re-loan $1.7bn to MSMEs and young entrepreneurs
by Yomna Yasserby Yomna YasserEgyptian government is to provide more than US$1.7 billion for micro, small, and medium-sized enterprises (MSMEs) through …