EBRD earmarks $200 million for Egypt SMEs
The European Bank for Reconstruction and Development (EBRD) has allocated $200 million for financing small and…
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SMEs
AlexBank launches business passport product to empower Egypt SMEs
AlexBank, a member of Italian bank Intesa Sanpaolo, announced Tuesday the launch of its Business Passport, a…
Egyptian banks becoming more supportive of SMEs – official
Banks in Egypt have become more supportive in financing small and medium-sized businesses, said head of retail…
Egypt seeks more Malaysian textile, engineering investments – minister
Egypt is looking forward to witnessing more Malaysian investments, mainly in the information technology of textile…
Afreximbank to sign $500mn credit lines for Egypt SMEs in two weeks
The African Export-Import Bank (Afreximbank) plans to sign $500 million credit line contracts with two state-owned…
World Bank pumped $700 million into Egypt SMEs in 2 years – minister
The World Bank secured $700 million in support of the small-sized projects in Egypt over the past two years, said…
United Bank of Egypt appoints new assistant MD of funding large enterprises, SMEs
The board of United Bank of Egypt has appointed Nevine Kashmiri as the assistant to the managing director of the…
NBE, IDA to finance projects under ‘Your factory is ready’ initiative
Hazem Hegazy, CEO of retail banking and small- to medium-sized enterprises (SMEs), at the National Bank of Egypt…
Banque du Caire, CIS Egypt in talks on credit risk coverage
Cooperative Insurance Society Egypt (CIS Egypt) is negotiating to offer the country’s third largest state bank,…
EBRD, AlexBank sign $100 million deal to boost SMEs, trade activities in Egypt
The European Bank for Reconstruction and Development (EBRD) is providing AlexBank, a member of Italian bank Intesa…
