Economy FeaturedEgypt’s external debt increases 17.47% to $109.363 bn last SeptemberInternational FinanceJanuary 20, 2020March 18, 2020 by International FinanceJanuary 20, 2020March 18, 2020 The World Bank estimates Egypt’s volume of long-debt to be more than $98.3 billion... Read more
BankingEgypt’s overdue banking act forwarded to legislatureInternational FinanceJanuary 8, 2020 by International FinanceJanuary 8, 2020 The much-awaited banking law monitors digital payments and financial technologies... Read more
BankingBank Audi to increase SME loan portfolio to EGP 5 bn by 2019 endInternational Finance DeskDecember 16, 2019 by International Finance DeskDecember 16, 2019 Central Bank of Egypt expects banks to increase SME loans on their portfolios by 20 percent by 2020... Read more
BankingSMEs in Egypt secures E£146 bn funding from Central Bank of EgyptPritam BordoloiSeptember 17, 2019November 4, 2019 by Pritam BordoloiSeptember 17, 2019November 4, 2019 Under the Central Bank of Egypt’s initiative, banks will offer soft loans with interest rate of 5% to 7%... Read more
BankingAlexBank appints Non-Executive Chairman of The Board of DirectorsInternational Finance DeskMarch 18, 2019 by International Finance DeskMarch 18, 2019 The Board of Directors have approved the appointment of Dr. Ziad Ahmed Bahaa El-Din as Alexbank’s Non-Executive Chairman of The Board of Directors... Read more