Intesa Sanpaolo Group, the leading European bank and owner of 80 percent stake in AlexBank in Egypt, …
Small and Medium sized projects
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About 2.646 billion Egyptian pounds have been allocated for small and medium-sized projects, according to sustainable development …
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Egypt’s oldest bank Banque Misr has signed Tuesday a $75 million loan agreement with the European Bank …
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Industry & Trade
Signing for 207mn euros-German funding expected during Sisi’s visit: Egypt’s minister
by Yomna Yasserby Yomna YasserInternational Cooperation Minister Sahar Nasr said President Abdel Fattah al-Sisi’s visit to Germany next week will see …
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Banks
Afreximbank to sign $500mn credit lines for Egypt SMEs in two weeks
by Yomna Yasserby Yomna YasserThe African Export-Import Bank (Afreximbank) plans to sign $500 million credit line contracts with two state-owned banks …
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Financial Institutions
Banque du Caire, CIS Egypt in talks on credit risk coverage
by Yomna Yasserby Yomna YasserCooperative Insurance Society Egypt (CIS Egypt) is negotiating to offer the country’s third largest state bank, Banque …
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Industry & Trade
200 engineering industries factories benefit from Egypt c.bank SME initiative
by nada nasserby nada nasser200 factories of engineering industries have benefited from the Central Bank of Egypt’s (CBE) initiative designated to …
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The National Bank of Egypt, the biggest state lender in the country, has signed Sunday a €500 …
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Banks
National Bank of Egypt to sign EIB’s SME financing deal before month-end
by Yomna Yasserby Yomna YasserThe European Investment Bank (EIB) will sign a €400 million loan deal with the National Bank of …
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Banks
National Bank of Egypt braces for four-year plan to boost SME financing
by Yomna Yasserby Yomna YasserNational Bank of Egypt (NBE) plans to raise its finances for national small and medium-sized projects to …