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…
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Small and medium sized enterprises
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…
NBE bank secures 12 bln pounds for Egypt’s SME projects
Egypt’s biggest lender, the state-owned National Bank of Egypt says it has pumped 12 billion Egyptian pounds ($675…
Banque Misr to lend two local firms 130 mln Egyptian pounds
Egypt’s second largest bank, state-owned Banque Misr has recently approved to lend two local firms around 130…
National Bank of Egypt wants to boost SME financing by 20% this year
Egypt’s biggest lender, the state-owned National Bank of Egypt is seeking to increase funding for the country’s…
Tatweer Misr celebrates UN’s MSMEs Day
Ahmed Shalaby, Egyptian property developer Tatweer Misr’s Managing Director and ICSB Board Member, spoke at the…
SMEs seize 18% of Misr Iran Bank’s credit portfolio
Small and medium-sized enterprises are representing 18 percent of Egypt-based Misr Iran Development Bank’s total…
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