EFG Hermes unit, SFD sign financial leasing deal for Egypt small businesses
EFG Hermes Leasing, a wholly-owned subsidiary of Cairo-based investment bank EFG Hermes, has signed Monday a…
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Egyptian Social Fund for Development
EU secures €70 million for Egypt emergency employment investment project
The European Union (EU) has secured a €70 million grant in favour of Egypt’s Emergency Employment Investment…
UAE Khalifa Fund to pump $200 mln in Egypt in 5 years
Abu Dhabi’s Khalifa Fund for Enterprise Development plans to pump $200 million into Egyptian market in the coming…
UAE’s Khalifa Fund directs 60% of Egypt investments to rural areas
Abu Dhabi’s Khalifa Fund for Enterprise Development says 60 percent of its investments in Egypt are dedicated for…
ITIDA, SFD-Egypt to launch $100mn venture capital fund for entrepreneurships
The Information Technology Industry Development Agency (ITIDA), the IT arm of the Egyptian ministry of…
UAE Khalifa Fund unveils activation of $200 Million Loan Agreement for Egypt
A loan agreement worth US$200 million between UAE’s Khalifa Fund for Enterprise and Egyptian government has become…
France to Grant Egypt €150mn Loans for Home Gas Delivery and SMEs
France plans to grant Egypt two loans worth €150 million (US$186.4 million) to finance household natural gas…
Banque Du Caire Secures EGP500mn Financing Package for Micro Projects
Banque Du Caire will provide soon the Egyptian Social Fund for Development (SFD) a financing package worth 500…
EBRD Lends National Bank of Egypt $30mn to Support Renewable Projects
The European Bank for Reconstruction and Development (EBRD) is lending again one of Egypt’s state-run biggest…
Egypt Eyes €135 mln Loans from French Development Agency
Egypt’s Minister of International Cooperation Naglaa El-Ahwany is holding talks with the French Development Agency…
EU Approves €50 million Grant to Egypt’s SFD – Official
The European Union has recently approved a €50 million grant in favour of the Egyptian Social Fund for Development…
Housing & Development Bank Launches a New Division to Fund SMEs
Egyptian lender Housing and Development Bank (HDB) has launched a new division for the small and medium-sized…
Egypt’s IDWBE Gets First Tranche of SFD’s Loan to Finance Small Bakeries
Egypt's Industrial Development & Workers Bank (IDWBE) received Thursday the first tranche of its loan…
SFD Egypt Pumps EGP850 million in Small Projects in 6 Months
The Egyptian Social Fund for Development (SFD) has spent about EGP 850 million supporting small enterprises in the…
NBE’s Contribution for SMEs Hit EGP10.6 billion at February-end
State-owned National Bank of Egypt (NBE)’s total lending for the small and medium-sized sector hit EGP10.6 billion…