EBDA Launches Egypt SMEs Event Today

Conference on the Small and Medium Enterprises entitled ‘The Innovative Financing Mechanisms For SMEs in Egypt’ has kicked off under the sponsorship of the Egyptian Business Development Association (EBDA) . Egypt’s Minister of Investment Yahia Hamed and EBDA Chairman Hassan Malek are attending the conference.

A number of the key local banks’ chairmen are among the attendees, notably  Sayed El-Kosayer – Chairman of the Industrial Development and Workers Bank of Egypt (IDBE) and Mohamed Ashmawy – chairman of United Bank.

EBDA’s conference plans to tackle the crucial role of the banking sector in Egypt in supporting the SMEs and available and new financing tools.