NBE, EBRD ink $100m MSME financing pact as bank’s new VP visits Cairo
The National Bank of Egypt (NBE) signed Monday a $100 million financing agreement with the European Bank for…
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EBRD, GCF grant $4m green loan to Jordan’s MFW
The European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF) have extended a US$ 4…
Egypt’s MSMEDA allocates over EGP 500m to boost small, micro enterprises
Egypt’s Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has allocated more than 500 million…
Egypt’s MSMEDA, Ebda pact to boost small enterprises
Micro, Small and Medium Enterprises Development Agency (MSMEDA) and Ebda have signed a cooperation protocol to…
Egypt’s MSMEDA achieves major project support
Egypt's Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has achieved major milestones, including…
Egypt’s PM inaugurates Turathna exhibition for handicrafts, heritage
Egypt’s Prime Minister Moustafa Madbouly has inaugurated on Sunday the fourth edition of Turathna Exhibition for…
MSMEDA injects EGP10mln to covert to convert cars to natgas
Micro, Small and Medium Enterprise Development Agency (MSMEDA) has signed a 10 million Egyptian pounds deal with…
Egypt’s MSMEDA signs €27 million EU grant deal on irregular migration
Egypt's Micro, Small and Medium Enterprises Development Agency (MSMEDA) has on Monday signed a €27 million ($29.8…
Egypt’s MSMEDA negotiating €600 mln loans during 2020
Egypt’s state-run Micro, Small and Medium Enterprises Development Agency (MSMEDA) is negotiating for €600 million…
Egypt’s MSMEDA negotiating €50 million loans from World Bank, EU
Egypt’s Micro, Small and Medium Enterprises Development Agency (MSMEDA) is negotiating for €50 million ($55.5…
Egypt’s central bank plans United Bank stake sale within H1-2020: governor
Egypt’s Central Bank Governor Tarek Amer said on Wednesday he expects the deal to sell a stake in the United Bank…
Egypt’s MSMEDA injects EGP 2.8 bln into micro, small enterprises in H1 2019
Egypt's Small and Medium Enterprises Development Agency (MSMEDA) said it has pumped in the first half of 2019 a sum…
Egypt’s MSMEDA to ink EU €27 million grant next month
Egypt’s Micro, Small, and Medium Enterprise Development Authority (MSMEDA) will sign by next month a €27 million…
MSMEDA eyes EGP300mln funding agreements with SAIB, Banque Du Caire
Micro, Small and Medium Enterprises Development Agency (MSMEDA) is seeking to sign two micro finance agreements of…
Egypt’s MSMEDA signs 7 funding deals with international institutions
The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has signed seven funding deals with…
Egypt’s MSME agency negotiating $300 mln World Bank financing package
Egypt’s Micro, Small, and Medium Enterprises Development Agency (MSMEDA) is negotiating a $300 million financing…
France’s AFD allocates €50 mln to fund Egyptian women-led projects
France’s state development agency AFD plans to provide €50 million ($58.4 million) financing to support Egyptian…
MSMEDA inks 20 mln pounds contract with Plus Leasing for developing SMEs
Egypt's Micro, Small and Medium Enterprises Development Agency (MSMEDA) signed a 20 million ($11…
MSMEDA opens a new office in Cairo’s Shak El Thoban to boost SMEs
Micro, Small and Medium Enterprises Development Agency (MSMEDA) opened a new office in Shak El-Thoban, South of…
Sisi highlights Egypt’s new measures to support SMEs at Africa 2017 Forum
Egypt's President Abdel Fattah al-Sisi said Egypt has taken different measures to support owners of micro, small,…
Women-led businesses capture 70% of Egypt banks’ MSME funding
Egyptian central bank’s assistant sub-governor says around 70 percent of the banks’ financing for micro, small and…
Banque Misr endorses 2045 strategy to expand funding for SMEs
Egypt's second biggest bank, state-run Banque Misr has endorsed a strategy, named 2045, aiming to expand its…
Banque Misr: Small business financing hits 2 bln pounds
Egypt’s second largest state-owned lender, Banque Misr says its has increased its financing for small-sized…
Tatweer Misr celebrates UN’s MSMEs Day
Ahmed Shalaby, Egyptian property developer Tatweer Misr’s Managing Director and ICSB Board Member, spoke at the…
AlexBank secures Germany’s SANAD $10 mln loan for Egypt MSMEs
Egypt's AlexBank, a member of Italian bank Intesa Sanpaolo Group, has received Tuesday an additional $10 million…
Egypt mulls creating industrial zones for SMEs
Egypt is studying establishing industrial zones in villages and governorates where lands will be offered under the…
Egypt’s Alexandria Business Association injects $12mn into micro loans in January
Egypt's Alexandria Business Association (ABA) has pumped 95 million Egyptian pounds (US$12 million) into around…
Alexandria Business Association injects $140mn for micro enterprises in 2015
Alexandria Business Association (ABA) has pumped 1.1 billion Egyptian pounds (US$140.4 million) 345,000 loans for…
SFD-Egypt eyes boosting funds by 35% by 2016
Egyptian Social Fund for Development (SFD) targets boosting the volume of finances for Micro, Small and Medium…
SFD finances for Egypt’s micro enterprises exceed target for 2015
The finances of Egypt's Social Development Fund (SFD) for micro enterprises recorded 1.2 billion Egyptian pounds…
Lead Foundation loans $29 million to micro enterprises in Egypt
Egyptian NGO, Lead Foundation's current portfolio for micro enterprises reached 225 million Egyptian pounds…
Egypt’s Industrial Development Bank pumps $25mn into micro enterprises
Industrial Development and Workers Bank of Egypt (IDWBE) has pumped around 200 million Egyptian pounds (US$25.5…
Egypt to re-loan $1.7bn to MSMEs and young entrepreneurs
Egyptian government is to provide more than US$1.7 billion for micro, small, and medium-sized enterprises (MSMEs)…
Egypt in talks over €175mn agreements with Germany
Egypt is negotiating with Germany seeking to sign cooperation agreements worth more than €175 million (US$192.5…
Egypt’s Trade provides Small Enterprises with Financial and Technical Aids
Egypt's Industry Ministry is keen on developing small and micro enterprises through providing integrated bunch of…
AlexBank Decides to Contribute to Sisi’s Fund, Withdraws Previous Remarks
AlexBank, a member of the Intesa Sanpaolo Group, will donate to 'Long Live Egypt' Fund, CEO Roberto Vercelli…
SANAD issues $10 Million Loan to ALEXBANK in Egypt
The SANAD Fund for MSME (SANAD) signed a US$10 million senior loan contract with ALEXBANK. This loan, SANAD’s first…
Intel Challenges “Antitrust Fine” in European Court
U.S. chip-maker Intel Corp will ask Europe's second-highest court in July to scrap a 1.06 billion euro EU antitrust…