Financial Institutions Sisi’s fund to establish $255mn holding company for SMEs Yomna Yasser Dec 30, 2015 0 The Tahya Masr (Long Live Egypt) Fund, originally initiated by President Abdel Fattah al-Sisi to support national…
EGX FEP Capital captures 50% Egypt SME Bourse’s 2015 IPOs Yomna Yasser Dec 27, 2015 0 FEP Capital – part of Private equity manager in MENA region, First Equity Partners (FEP) – has successively managed…
Banks Egypt’s National Bank, AfDB portfolio for SMEs hit $340mn Noha Gad Dec 22, 2015 0 The total funds provided by the African Development Bank (AfDB) in favor of the National Bank of Egypt (NBE) for…
Banks Three key Egyptian banks negotiating AfDB for SME finances Yomna Yasser Dec 20, 2015 0 Three major Egyptian banks, the National Bank of Egypt, Commercial International Bank, and Banque Du Caire are…
Financial Institutions Italy to grant Egypt soft loan worth $45mn to support SMEs Yomna Yasser Dec 16, 2015 0 Italy plans to secure €45 million for the support of the development of Egypt’s private sector and small and…
Financial Institutions Egypt signs €22mn EU grant agreement for agricultural SMEs Yomna Yasser Dec 7, 2015 0 Egypt signed Sunday a grant agreement worth €22 million to carry out the European Union-funded project to…
Banks Banque Du Caire captures 49% share of Egypt microfinance market Yomna Yasser Dec 7, 2015 0 Egypt's third biggest state-owned bank, Banque Du Caire seizes 49 percent of the country’s microfinance market, its…
Banks National Bank of Egypt to secure $15 million from Germany’s SANAD Fund Yomna Yasser Nov 29, 2015 0 National Bank of Egypt is set to sign a loan worth US$15 billion with SANAD Fund for MSMEs, of the German state-run…
Banks Egypt’s National Bank, SFD to sign $44.7mn finance for SMEs Yomna Yasser Nov 26, 2015 0 Egypt’s Social Fund for Development and the National Bank of Egypt (NBE) plan to sign a new finance worth 350…
Banks Kuwait’s Ahli Bank plans capital top-up for Egyptian unit in 2016: CEO Yomna Yasser Nov 24, 2015 0 Kuwait's Al Ahli Bank (ABK) plans to boost the capital of its Egyptian unit to around one billion Egyptian pounds…