Egypt’s MSMEDA, AAIB bank sign EGP 150m deal to boost SME financing
Egypt’s Medium, Small, and Micro Enterprise Development Agency (MSMEDA) signed a 150 million Egyptian pound…
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Small and Medium Enterprises (SMEs)
EGX sees mixed performance in Q4
Egypt’s main index, EGX30, fell by 5.85 per cent in the fourth quarter of 2024, closing at 29,740.58 points on…
President Sisi prioritises telecom expansion, AI strategy for economic growth
President Abdel Fattah El-Sisi has directed intensified efforts to improve telecommunications coverage and internet…
Egypt explores green bonds, sukuk to ease debt – FinMin
Egypt is considering the issuance of green bonds and local sukuk as part of a broader strategy to reduce debt…
49% of Egypt’s MSMEDA projects target women in 7 months
Nearly half of the projects supported by the Egyptian Micro, Small, and Medium Enterprises Development Authority…
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…
GB capital launches Kredit to finance SMEs in Egypt
GB Capital, a subsidiary of GB Corp., launched a new subsidiary, 'Kreit', to serve the financing needs of small and…
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…
AfDB allocates $148mln to CIB Egypt for SMEs, trade enhancement
The African Development Bank (AfDB) has granted a financial package to Commercial International Bank (CIB – Egypt)…
Egypt’s Al Baraka Bank may borrow $55mln from IFC
Al Baraka Bank is considering borrowing a loan of $55 million from the International Finance Corporation (IFC) to…