Business

15:27

cairo, gmt + 2

19 January

Wednesday, 2022

Maait said In a statement issued, Wednesday, that the needs of supporting food commodities were funded by about LE 26.9 billion.

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Magazine Egypttoday May/June 2021

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CBE: Credit facility balances rise to LE 2.9T by end of October 2021

Wed, 19 Jan 2022 - 12:45 GMT

In its recent monthly report, the CBE said the credit facilities issued to the government reached LE 15.9 billion at a rate of 1.4 percent.

CBE: Domestic liquidity hit LE 5.6T by end of October 2021

Wed, 19 Jan 2022 - 12:42 GMT

The CBE stated that the increase in domestic liquidity was reflected in the growth of quasi-money that went up by LE 204.4 billion at a rate of 5 percent and the rise in money supply by LE 90.9 billion at a rate of 7.2 percent.

thyssenkrupp, Youth Min. inaugurate 1st edition of Entrepreneurial Training Program

Tue, 18 Jan 2022 - 02:27 GMT

thyssenkrupp targets to enroll 500 students from different governorates over the next 5 years

Egyptian purchases push EGX into green zone during mid-week session

Tue, 18 Jan 2022 - 01:54 GMT

The benchmark EGX30 rose 0.15 percent, or 17.32 points, to end at 11,876.44 points.

Real estate finance companies in Egypt grant their customers LE 8B during 2021

Tue, 18 Jan 2022 - 01:25 GMT

During a conference held, Monday, Omran attributed this rise to a significant recovery in the real estate market as a result of the coronavirus pandemic, in addition to the tendency of real estate development companies to deal with real estate finance companies more.

FRA reviews figures of insurance activity in Egypt during 2021

Tue, 18 Jan 2022 - 12:59 GMT

Omran explained, during a conference held, Monday, that the total insurance premiums during 2021 rose to LE 47.5 billion, compared to LE 40.1 billion during 2020, marking an increase of about 18.5 percent.

Beneficiaries of MSMEs' financing hit 3.5M at end of 2021

Tue, 18 Jan 2022 - 11:28 GMT

Omran added, during a press conference held, Monday, that the value of financing balances for medium, small and micro enterprises amounted to LE 26.8 billion at the end of 2021, compared to LE 19.3 billion at the end of 2020, with a growth rate of 38.9 percent.

IDSC says Egypt non-oil exports up 27.1% in 3Q of 2021

Tue, 18 Jan 2022 - 11:21 GMT

An IDSC report pointed to an increase in Egypt's non-oil exports to the EU countries during the third quarter of 2021, putting the total value at about $2.2 billion compared with $1.3 billion during the same period in 2020.

Offering food company on EGX during 1st half of 2022: Omran

Tue, 18 Jan 2022 - 11:15 GMT

Omran said in a press statement on the sidelines of the annual conference for the FRA, Monday, that the company is medium-sized.

Credit facilities granted to largest 100 borrowing clients rose to LE 507.6B by end of June 2021

Tue, 18 Jan 2022 - 11:03 GMT

The Central Bank clarified, in its Financial Stability Report 2020, that the balances of credit facilities granted to the largest 100 borrowing clients rose to LE 507.6 billion by the end of June 2021.

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