Debt installments of small businesses in Egypt to be postponed for 3 months – Egypttoday

Debt installments of small businesses in Egypt to be postponed for 3 months – Egypttoday

CAIRO - 30 March 2020: Minister of Industry and Trade NevineGamea stated that debt installments of small businesses will be postponed for three months, and that if needed, the duration will be prolonged.. If any factory wants to expand its production capacity, it can be granted a loan after a certain committee inspects the lines and ensures the size of the loan is suitable and is going tothe right place.. CAIRO - 23 March 2020: The Central Bank of Egypt (CBE), on behalf of the Ministry of Finance, issued LE 7.5 billion in treasury bonds on Monday, Mar 23.. The T-bonds were offered in two installments, with the first valued at LE 4 billion with a three-year term and the second worth LE 3.5 billion with a seven-year term.. EBRD finances Almarai's operation in Egypt, Jordan by $100M. of Tourism, Antiquities resume extensive sterilization works.