Egypt must do more to bolster access to finance for SMEs: Euromoney panel
Limited access to finance and high collateral requirements from banks is a major hurdle stifling the growth of…
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Small and medium sized enterprises
CDB, Egypt’s NBE to sign $100mn loan deal at Sisi’s China visit
The National Bank of Egypt (NBE), the largest state-run bank in the country, and China Development Bank (CDB)…
IMF: 20% of Egyptian SMEs prefer Sharia-compliant Products
In Egypt, 20% of small- and medium-sized enterprises (SMEs) have indicated a preference for Sharia-compliant…
Egypt’s Industrial Development Bank, SFD to ink New Financing Pact This February
The Industrial Development & Workers Bank of Egypt (IDWBE) will be signing next February a new financing…
Banque Misr plans First Islamic Financing to Support SMEs
Banque Misr is planning to carry out the first Islamic financing for the small and medium-sized enterprises, worth…
EBRD Inks Two Loans with Egypt’s Biggest Bank to Support Women, Energy Efficiency
The European Bank for Reconstruction and Development is partnering with National Bank of Egypt (NBE) to introduce…
SFD to Launch an Initiative to Allure More Support for Egypt’s SMEs
Egypt’s Social Fund for Development (SFD) plans to launch an initiative to encourage banks to support small and…
EBRD Inaugurates its First Resident Office in Egypt
The European Bank for Reconstruction and Development (EBRD) has inaugurated its first resident office in Egypt on…
World Association for SMEs to Build its MENA Regional HQ in Egypt
The World Association for Small Medium Enterprises (WASME) will establish its Middle East Regional Office in Cairo,…
Egypt in Talks over €45mn Financing for SMEs from Italy
Egypt currently seeks a new Italian financing worth €45 million for the SMEs. According to Egypt's Minister of…