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) which will get EGP 5b, Banque Misr with EGP 16b, and Banque du ...

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 of up to $10m – $20m per financing operation in small new and renewable energy projects in Egypt, Daily News Egypt reported. The investment will be suitab...

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 met...