Egyptian Exchange waives listing fees for first 20 SMEs through 30 Sept.
The Egyptian Exchange (EGX) will waive administrative listing fees for the first 20 small and medium-sized…
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Egypt’s SMEs
Global Entrepreneurship Festival aims to unlock investment, new markets – president
Egypt’s hosting of the Global Entrepreneurship Festival later this year could help unlock new markets, attract…
Egypt’s MSMEDA signs startup support deal with Global Entrepreneurship Festival
Egypt’s Micro, Small and Medium Enterprises Development Agency (MSMEDA) signed a partnership agreement with the…
Egypt secures Global Entrepreneurship Festival after fierce international competition
Egypt secured the right to host the Global Entrepreneurship Festival (GEF) after competing against four other…
Wrk+, MG World sign executive coaching partnership at Cairo’s LaunchPad Expo
Wrk+ and MG World signed a strategic partnership on Saturday during the second day of LaunchPad Expo in Cairo to…
Egypt plans economic data hub to boost industry, local content in exports
Egypt’s Ministry of Industry plans to establish a comprehensive economic information database to support strategic…
MSMEDA, Visa partner to drive digital payments for Egyptian SMEs
Egypt’s Medium, Small, and Micro Enterprise Development Agency (MSMEDA) and global payments firm Visa on Monday…
Egypt named guest of honour at 20th China International SME Fair
Egypt will participate as Guest of Honour at the 20th China International Small and Medium Enterprises Fair…
Egypt launches 332 ready-to-use factory units for SMEs across 10 governorates
Egypt’s government is offering 332 fully equipped industrial units to small and medium-sized enterprises (SMEs)…
MSMEDA, Banque Misr sign EGPE200m small business financing deal
The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) signed a 200 million Egyptian pound financing…
COMESA Business Council: SMEs drive 43% of Egypt’s GDP
Small and medium enterprises (SMEs) constitute 43 per cent of Egypt’s gross domestic product (GDP), employing over…
INTERVIEW: Gorilla Technology sees ‘a lot more opportunities’ to making Egypt digital hub
Leveraging Gorilla Technology Group’s recent success in creating Egypt’s first AirGap Network and its milestone…
Egypt’s MSMEDA, OECD partner to boost SMEs in MENA
Egypt’s MSMEDA is partnering with the OECD to support small and medium-sized businesses in the MENA region.
EBank gets EBRD $25m loan to support SMEs
Export Development Bank of Egypt (EBank) has secured $25 million (€23.2 million) in loan from the European Bank for…
Egyptian fund offers marketing support for SMEs
Egypt’s Social Fund for Development (SFD) announced it is offering full marketing support to uplift the small…
Egypt to increase spending on education, health in ’24-25 budget
Egyptian President Abdel Fattah al-Sisi directed the Finance Minister to increase spending on improving the lives…
XMATCH Demo Day: Pioneering $20 mln investment drive for MENA’s SMEs
XMATCH DEMO DAY, a groundbreaking initiative by Exits MENA and ECOSYS+, has achieved a remarkable milestone in the…
IFC, Banque Misr partner for bigger access to finance for Egypt women-led MSMEs
World Bank’s International Finance Corporation (IFC) announced on Sunday a partnership with Egypt’s Banque Misr to…
USAID: TRADE programme aims at achieving $25 mln Egyptian exports
USAID targets supporting Egypt to reach $25 million exports through TRADE programme, stated deputy chairman of…
Egypt’s Tamweely launches its first SMs financing line
Egypt's Tamweely Microfinance is launching a new financing business line in the upcoming days to serve small and…
Egypt Post, Qardy to offer services to SMEs via post offices
Egypt Post signed a cooperation protocol with the online lending marketplace Qardy on Sunday to allow small and…
EBRD mulls $100 million loan for Egypt’s Banque Misr
The European Bank for Reconstruction and Development (EBRD) is studying the provision of a senior unsecured loan of…
AfDB OKs $160 mln Banque Misr loan to boost private sector participation in Egypt’s…
The African Development Bank’s (AfDB) board has approved on Monday a $160 million loan to Banque Misr to finance…
African Development Bank mulls $100 million line of credit for Egypt’s Banque Misr
The African Development Bank (AfDB) is considering a new line of credit up to $100 million to Egypt’s state-run…
Ahli United Bank Egypt secures $82 million EBRD, EU, GCF fund
Ahli United Bank – Egypt (AUBE), part of Bahraini Ahli United Bank Group, received on Thursday a $82 million…
France’s AFD to sign €150 million financing deal with 3 Egyptian banks in Q1-2022, source…
The French Development Agency (AFD) is expected to sign a new financing agreement worth around €150 million ($169…
HSBC launches Foras Trade Fund to support Egypt SMEs
HSBC has launched on Tuesday a Foras Trade Fund worth 3 billion Egyptian pounds ($191 million) to support small and…
Egypt launches Tamayoz, an index for SMEs
Egypt launched on Wednesday Tamayoz, a sentiment index for small- and medium enterprises (SMEs).
Egypt’s United Bank secures Afreximbank $600 million loan to support SMEs – sources
African Export-Import Bank (Afreximbank) will loan Egypt’s United Bank $600 million for on-lending to support small…
EBRD loans NBE $100 million to support Egyptian SMEs
The European Bank for Reconstruction and Development (EBRD) is lending the National Bank of Egypt (NBE) $100…
Amazon Payment Services waives service fees for Egypt SMEs to support c.bank initiative
Amazon Payment Services, a payment processing service in the Middle East and North Africa (MENA) region, announced…
HSBC, Reefy sign EGP 150 mln deal to support Egyptian women-led MSMEs
HSBC and Egyptian microfinance institution Reefy signed on Saturday an agreement to provide 150 million Egyptian…
Egypt, Sudan will sign a MoU on boosting SMEs
Egypt and Sudan will be signing a memorandum of understanding to boost cooperation on developing micro, small and…
EIB, Banque Misr sign €425 million loan to support Egypt SMEs
Banque Misr has signed on Tuesday a loan agreement worth €425 million ($515.2 million) with the European Investment…
Speed Medical first company to jump from Egypt’s SME exchange to EGX
Speed Medical Co (SPMD) will be on Sunday the first company to make a jump transition from trading its shares on…
Saudi Arabia grants EGP100 mln to AlexBank to support Egypt SMEs
The Saudi Grant Management Committee has provided a grant worth 100 million Egyptian pounds to the Bank of…
Egyptian SMEs to receive €220 mln green funding boost from EBRD
The European Bank for Reconstruction and Development (EBRD), the European Union (EU) and the Green Climate Fund…
Egypt’s parliament approves 10 global pacts worth more than $400 million
Egypt’s parliament has approved 10 agreements signed with a number of international institutions worth more than…
HSBC launches 300-million Pound Growth Fund for Egypt’s SMEs
HSBC announced Sunday the launch of its second international growth fund in Egypt worth 300 million Egyptian pounds…
SFD to Launch an Initiative to Allure More Support for Egypt’s SMEs
Egypt’s Social Fund for Development (SFD) plans to launch an initiative to encourage banks to support small and…