French Development Agency, CIB Egypt ink €80mn letter of intent
Egypt’s biggest private bank, Commercial International Bank (CIB) has signed wih the French Agency Group…
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small and medium enterprises
EFG-Hermes launches Subsidiary to offer Leasing Services
Egypt's EFG-Hermes, one of the largest investment banks in the Middle East, announced Sunday that it had launched…
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…
EBRD Grants US$800mn to Egypt’s SMEs in 3 Years
The total finance provided by European Bank for Reconstruction and Development (EBRD) in order to support Small and…
Al Baraka Bank Egypt plans EGP750 million SME Lending in 2015
Al Baraka Bank Egypt plans to pump EGP 750 million to fund the country’s SME sector within 2015, CEO told Amwal Al…
AIB Egypt Invests 5% in Start-up Incubator Ayady
Arab Investment Bank (AIB Egypt) contributes around 5% to the paid-up capital of the newly-founded Ayady Company…
Eitesal Cooperates with Cairo University, Egyptian Authorities to Support TIEC
Egypt’s non-government organization Eitesal has recently signed a number of agreements with Cairo University,…
Egypt Bourse and American University Sign MoU to Support SMEs
The Egyptian stock Exchange (EGX) signed this morning a memorandum of understanding with School of Business…
UAE Plans to Build a Free Zone for SMEs in Suez Canal
Mahmoud Khalil Al-Hashimi, general manager of Ajman Free Zone Authority, said the UAE is one of the countries…
Egypt’s Metropolitan Gets $8mn from UAE Fund in Support of SMEs
Egypt’s credit and financial advisory firm, Metropolitan Consulting obtains a US$8 million financing from one of…