credit
Lost in the shuffle: Small businesses continue to bear brunt of economic downturn
Business
September 27, 2012
Lost in the shuffle: Small businesses continue to bear brunt of economic downturn
It’s been a hard year for Mohamed al-Kady, owner of a small clothing factory in Heliopolis. The months of unrest…
Arab Monetary Fund in $65 million loan to Egypt
Business
June 17, 2012
Arab Monetary Fund in $65 million loan to Egypt
ABU DHABI — The Arab Monetary Fund (AMF) said on Sunday it was arranging a $65 million credit facility for Egypt…
Egypt’s local borrowing may backfire on economy
Business
September 7, 2011
Egypt’s local borrowing may backfire on economy
Egypt’s increased reliance on local lenders to finance its budget shortfall may stifle any economic recovery by reducing the incentive…
Cost of wheat imports nears LE4bn every 3 months
Business
August 8, 2011
Cost of wheat imports nears LE4bn every 3 months
Egyptian banks give credit facilities of about LE3.9 billion every three months to wheat importers, National Bank of Egypt chairman…
CBE decides to keep rates unchanged again
Business
March 11, 2011
CBE decides to keep rates unchanged again
The Central Bank of Egypt's Monetary Policy Committee decided in a meeting last night to maintain overnight deposit and lending…