Money GB capital launches Kredit to finance SMEs in Egypt Nada Ali Dec 26, 2023 0 GB Capital, a subsidiary of GB Corp., launched a new subsidiary, 'Kreit', to serve the financing needs of small and…
Money XMATCH Demo Day: Pioneering $20 mln investment drive for MENA’s SMEs Amwal Al Ghad English Dec 19, 2023 0 XMATCH DEMO DAY, a groundbreaking initiative by Exits MENA and ECOSYS+, has achieved a remarkable milestone in the…
Banks AfDB allocates $148mln to CIB Egypt for SMEs, trade enhancement Nada Ali Dec 3, 2023 0 The African Development Bank (AfDB) has granted a financial package to Commercial International Bank (CIB – Egypt)…
Money Egypt’s Al Baraka Bank may borrow $55mln from IFC Sama Mousa Aug 2, 2023 0 Al Baraka Bank is considering borrowing a loan of $55 million from the International Finance Corporation (IFC) to…
Feature World Youth Forum cancels 5th edition event this year Nada Ali Feb 5, 2023 0 Egypt’s annual World Youth Forum (WYF) will not be launch its fifth edition this year as it will transfer its…
Tech news Egypt’s ITIDA helps outsourcing firms to fulfill EU’s high demand for ICT professionals Nada Ali Oct 26, 2022 0 Egypt’s Information Technology Industry Development Agency (ITIDA) has announced that 21 local IT companies have…
Money Egypt’s Banque du Caire to increase SME loans to EGP 22 billion year-end Amwal Al Ghad English Jul 11, 2021 0 Egypt’s Banque du Caire aims to expand its financing for small and medium-sized enterprises (SMEs) to 22 billion…
Feature NBE signs EUR 800m deal with EIB to finance SMEs Amwal Al Ghad English Sep 6, 2020 0 The European Investment Bank (EIB), National Bank of Egypt (NBE) ) signed € 800 million agreement to finance small…
News New SMEs law provides incentives for innovative entrepreneur, says minister mohamed Hamdy Jul 28, 2020 0 The new SMEs Act is paying attention to entrepreneurship projects that offer new products and services to meet…
Banks National Bank of Egypt, SFD sign new Finance Deal next Week Noha Gad Mar 25, 2015 0 National Bank of Egypt (NBE) is due to sign a new contract worth 200 million Egyptian pounds (US$26.2 million) with…