Central Bank of Egypt Loans EGP 31b to National Banks

• Thursday, 25th August 2016
• by Egypt Oil & Gas

The Central Bank of Egypt (CBE) has provided a EGP 31b interest-free loan over 10 years to three major banks, including the National Bank of Egypt (NBE) getting EGP 5b, Banque Misr with EGP 16b, and Banque du Caire ...

US Graviton Capital Mulls Renewable Energy Investments in Egypt

• Sunday, 13th March 2016
• by Egypt Oil & Gas

Graviton Capital, a US company, is pondering investments in small new and renewable energy projects in Egypt. If investments are approved, the financing operation will cost between $10m to $20m.

Sherif Ismail to Form a Ministerial Committee

• Monday, 12th October 2015
• by Egypt Oil & Gas

Prime Minister Sherif Ismail formed a ministerial economic committee under his chairmanship, reported Daily News Egypt. The committee will draw out the general framework for economic and monetary policies, as well me ...