loans

Loans that could take Egyptian women to prison
Life & Style

Loans that could take Egyptian women to prison

"Please do not right down my name. I don't want to scandalise my daughters," said Ehsan Ehab*, a 47 year-old…
Government to receive more than LE80 bn in loans from local banks
Business

Government to receive more than LE80 bn in loans from local banks

The government will seek US$11.2 billion in loans during this month after expectations that fuel price hikes are to increase…
Local media: Morsy to set elections for May, unveil economic plan
Egypt

Local media: Morsy to set elections for May, unveil economic plan

State-owned newspaper Al-Akhbar reported Thursday that President Mohamed Morsy is likely to set the nation’s upcoming parliamentary elections for some…
Shura Council passes Saudi loan approved by Brotherhood, rejected by Salafis
Business

Shura Council passes Saudi loan approved by Brotherhood, rejected by Salafis

The Shura Council on Wednesday endorsed the President Mohamed Morsy’s approval of a draft loan agreement with the Saudi Fund…
Egypt announces fuel price hikes
Business

Egypt announces fuel price hikes

  Egypt's government announced new fuel prices for many sectors of the economy on Tuesday, which industry sources said were…
GDP grows 2.4% in first half of fiscal year
Business

GDP grows 2.4% in first half of fiscal year

Egypt’s economy grew 2.4 percent during the first half of the current fiscal year, according to a Cabinet statement Wednesday.…
Egypt farm bank launching retail Islamic services
Business

Egypt farm bank launching retail Islamic services

Egypt's main agricultural bank is launching Islamic retail services this month to meet increasing demand in rural areas, a bank…
EU: No aid to Egypt before improving economy and signing IMF loan
Business

EU: No aid to Egypt before improving economy and signing IMF loan

The European Union has said it is willing to support Egypt and the “Arab Spring” countries to achieve democracy, but…
Saudi Development Fund lends Egypt US$230 million
Business

Saudi Development Fund lends Egypt US$230 million

Prime Minister Hesham Qandil attended the final signing ceremony of three loan agreements granted to Egypt, totaling US$230 million, from…
Making financial literacy fun, in a largely unbanked Egypt
Business

Making financial literacy fun, in a largely unbanked Egypt

The comic book begins much as would be expected: Marvel comics’ the Avengers and Spiderman assemble to battle a villain…
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