Egypt’s Metropolitan Gets $8mn from UAE Fund in Support of SMEs

Egypt’s credit and financial advisory firm, Metropolitan Consulting obtains a US$8 million financing from one of the UAE-based mutual funds.

Through its resident office in Egypt, the Emirati fund will sign within the current week the financing contract with Metropolitan, CEO of the Egyptian company Khaled Nagaty told Amwal Al Ghad.

Nagaty further referred that the financing will go for small and medium enterprises in the country, at a minimum of US$100.000 and at a maximum of US$1 million.

Metropolitan Consulting S.A.E. was established in 2008 in order to present a variety of financial & credit services to both SMEs & Corporate companies in Egypt. Metropolitan is the first credit & financial advisory firm in Egypt to provide all types of credit consulting services in additions to all needed assistance to its clients to improve their debt management and credit scoring.