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25/2/2018 -  SMEDA’s microfinance balance reaches EGP 7.12bn, Daily News Egypt
(MENAFN - Daily News Egypt) The microfinance balance at the Small and Medium Enterprise Development Authority (SMEDA), formerly the Social Fund for Development, is estimated to have reached EGP ...
25/2/2018 -  Cabinet approves ABE’s new board of directors, Daily News Egypt
(MENAFN - Daily News Egypt) Daily News Egypt learned that Prime Minister Sherif Ismail issued a decree approving the formation of the Agricultural Bank of Egypt (ABE)€™s new board of directors, which ...
25/2/2018 -  Crédit Agricole Egypt’s net profit reaches EGP 1.957bn at end-2017, Daily News Egypt
(MENAFN - Daily News Egypt) Cr̩dit Agricole Egypt۪s net profit ticked up to EGP 1.957m at the end of 2017. The bank also achieved a 57% return on equity, compared to 51% in 2016.

Managing ...
25/2/2018 -  UNB signs 4 agreements to support small investors in agriculture, land reclamation, Daily News Egypt
(MENAFN - Daily News Egypt) The Union National Bank of Egypt (UNB) signed four agreements with the Agriculture Sector Development Program (ASDP) of the Commercial International Bank (CIB), after ...
25/2/2018 -  Banks avoid interest rate cuts to maintain depositors, Daily News Egypt
(MENAFN - Daily News Egypt) Several banks operating in Egypt made limited to no moves to cut interest rates on savings certificates and accounts a week after the Central Bank of Egypt (CBE) decided ...
25/2/2018 -  Egypt: 25January activist fined over "insulting judiciary", MENAFN
(MENAFN) One of the two leading activist behind 2011 revolution has been fined by USD565 by an Egyptian court, during his re-trial over insulting the judiciary.

Ahmed Douma, 33 years-old, was ...
25/2/2018 -  EALB considers assets management company for its hotels, resorts: chairperson, Daily News Egypt
(MENAFN - Daily News Egypt) The Egyptian Arab Land Bank (EALB) is studying the establishment of a specialised company to manage the hotel assets and tourist resorts it owns, according to EALB ...
25/2/2018 -  SMEDA signs contracts worth EGP 23.8m with NGOs to finance microprojects in 8 governorates, Daily News Egypt
(MENAFN - Daily News Egypt) Head of the microfinance division at the Small and Medium Enterprises Development Agency (SMEDA), Nevine Badr El-Din, on Thursday signed 14 contracts with a number of ...
25/2/2018 -  Five Turkish warships halt Eni’s Saipem 12000 from operation in Cyprus’ EEZ, Daily News Egypt
(MENAFN - Daily News Egypt) Five Turkish military vessels stopped a rig belonging to the Italian energy firm Eni from processing its operations for searching for gas in the eastern Mediterranean ...
25/2/2018 -  Egypt’s crude oil production to reach 661,000 bpd by March, Daily News Egypt
(MENAFN - Daily News Egypt) The Ministry of Petroleum and Mineral Resources targets to increase its production of crude oil by about 10,000 barrels before the end of March.

Chairperson of the ...


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