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…
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SMEs
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…
Egypt, EU sign two assistance programmes worth €120 million
Egypt has signed on Tuesday two grants worth €120 million ($124.6 million) from the European Union to support the…
Egypt to form SMEs Development Authority
The cabinet approved a draft resolution submitted by Minister of Trade and Industry Tarek Qabil on Thursday for the…
Banque du Caire: MSME financing portfolio hits 2.6 bln pounds at Oct-end
Egypt’s third biggest bank, state-owned Banque du Caire said Thursday its portfolio of micro, small, and…
FEP Capital to complete industrial SME listing before year-end
Egyptian investment bank FEP Capital expects to complete a 10 million pound ($558,646) listing of an industrial…
Visa signs 3 milestone partnerships at Cairo ICT 2016
Visa Inc. is signing Sunday and Monday three milestone partnerships at Cairo ICT 2016 that seek to increase the…
Bank Audi seeks Egypt SMEs financing sixfold higher in 4 years
Egypt’s eighth largest commercial bank, Bank Audi S.A.E. seeks to raise its finances for small and medium-sized…
