U.S. one-hundred dollar bills are seen in this picture illustration, August 2, 2013 – REUTERS/Kim Hong-Ji/Illustration
Benchmark EGX30 went up 0.36 percent to stand at 14,843 points.
The projects that the bank is targeting were worth at least $250 million in investments.
The government is directing LE 1.89 billion in investment in North Sinai during the fiscal year 2017/18.
The U.S. dollar exchange rate was relatively stable during morning transactions at major banks on Monday.
MSMEDA offered nearly LE 215 million during 2017 to finance about 14,000 small and micro projects.
The decision excludes animal feeds supplied to production projects in the free zones.
General Authority for Investment and Free Zones (GAFI) approved Qaliubiya investment zone in August, 70 percent will be allocated to small and medium enterprises (SMEs).
Transport Minister discussed on Monday with the Ambassador of Panama to Cairo, Tomas A. Guardia, means of boosting cooperation in the field of maritime transport.
Total funds provided by mortgage finance companies rose to LE 1.1 billion during the first ten months of 2017.
Exports of engineering and electronic commodities increased by 10 percent from January to November 2017.
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