cairo, gmt + 2
Wed, 19 Jan 2022 - 01:00 GMT
Maait said In a statement issued, Wednesday, that the needs of supporting food commodities were funded by about LE 26.9 billion.
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.
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 targets to enroll 500 students from different governorates over the next 5 years
The benchmark EGX30 rose 0.15 percent, or 17.32 points, to end at 11,876.44 points.
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.
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.
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.
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.
Omran said in a press statement on the sidelines of the annual conference for the FRA, Monday, that the company is medium-sized.
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.