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…
World Youth Forum cancels 5th edition event this year
Egypt’s annual World Youth Forum (WYF) will not be launch its fifth edition this year as it will transfer its…
Egypt’s ITIDA helps outsourcing firms to fulfill EU’s high demand for ICT professionals
Egypt’s Information Technology Industry Development Agency (ITIDA) has announced that 21 local IT companies have…
Egypt’s Banque du Caire to increase SME loans to EGP 22 billion year-end
Egypt’s Banque du Caire aims to expand its financing for small and medium-sized enterprises (SMEs) to 22 billion…
NBE signs EUR 800m deal with EIB to finance SMEs
The European Investment Bank (EIB), National Bank of Egypt (NBE) ) signed € 800 million agreement to finance small…
New SMEs law provides incentives for innovative entrepreneur, says minister
The new SMEs Act is paying attention to entrepreneurship projects that offer new products and services to meet…
National Bank of Egypt, SFD sign new Finance Deal next Week
National Bank of Egypt (NBE) is due to sign a new contract worth 200 million Egyptian pounds (US$26.2 million) with…
Union of Arab Banks to Hold SMEs Forum in Egypt by March27
The Union of Arab Banks will hold small and medium enterprises SMEs: a future vision for sustainable development in…
Misr Iran’s Loans Jump to EGP200 mln, EGP4 bln Portfolio in 2013-End
The total loan portfolios of Misr Iran Banque surged by EGP200 million registering EGP4 billion at the end of 2013,…
NBE’s Environmental Finances Hit EGP1.2 bln at October-End
The total environmental finance of the National Bank of Egypt (NBE) hit around EGP1.2 billion at the end of last…
Banque Du Caire Plans EGP200 mln Business Loans 2013-End
An official source at Banque Du Caire has told Amwal Al Ghad that the bank is targeting to boost its business loans…
ITIDA: Current Unrest Will Not Halt Our Support to Egypt SMEs
Eng. Yasser ElKady, CEO of Information Technology Industry Development Agency (ITIDA), has revealed that the…
Egypt’s ICT Minister: Microsoft Pumps EGP 25 Mln To Support SMEs
Eng. Atef Helmy, Egypt’s Information and Communication Technology (ICT) Minister, has announced during his visit to…
Omran: Subscribing SMEs In EGX Necessary, Unified African Bourse Requires ICT…
On the sidelines of the third day of the ASEA's 16th Annual Conference, the Egyptian Exchange Chairman Mohamed…