U.S. provides more than $500mln to fund projects in Egypt – USAID
United States is currently finance more than $500 million projects to support the Egyptian economic growth, said…
Browsing Tag
Small and medium sized enterprises
Egypt banks hiked SMEs loans to $9 bln since 2016: El-Etreby
Banks in Egypt have extended more loans to small and medium-sized firms in the first half of the year, heeding the…
Banque Du Caire’s SME portfolio rises to EGP 10.3bn in 2019
Egypt’s state-run lender Banque du Caire‘s small and medium-sized enterprises (SMEs) portfolio rose to 10.3 billion…
Billionaire Naguib Sawiris plans to set up Egypt-based SME bank
Egyptian tycoon Naguib Sawiris said on Monday he seeks to set up a bank in his country specialising in services for…
EIB, NBE sign €375 mln financing deal for Egyptian SMEs
The European Investment Bank (EIB) signed throughout the weekend a €375 million ($438 million) financing agreement…
CBE Egypt receives Afreximbank’s $400mn loan to fund small businesses
The Central Bank of Egypt has received a $400 million 12-month loan from the African Export and Import Bank…
Arab Investment Bank mulls injecting $ 1bln into SME projects
State-run Arab Investment Bank seeks to pump one billion ($407 million) Egyptian pounds in favour of small and…
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…
Saudi Arabia launches $1 billion fund to support SMEs
Saudi Arabia's Public Investment Fund (PIF) announced Tuesday the establishment of the Fund of Funds, a new SR4…
Egypt’s SME tax law to be finalised before year-end: minister
Egypt’s Finance Minister Amr el-Garhy said Friday his ministry seeks to finalise the unified law for tax measures…
