Industry ministry to form new authority for SMEs soon- Minister Qabil
Egyptian trade and industry ministry is set to finish establishing new authority to develop Small- and Medium-sized…
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SMEs
UNB-Egypt eyes boosting SMEs financing to 8% of its loans portfolio end-2016
Union National Bank-Egypt (UNB) aims to boost its financing directed to small- and medium-sized enterprises (SMEs)…
SMEs may be better key for Egypt’s economy, but does the government care?
Small- and medium-sized enterprises (SME) may be the best solution for Egypt’s poor economic state. SMEs have the…
Banque Du Caire H1 profits drop to $90.1 mln
Egypt’s Banque Du Caire recorded first half profits ranging between 700 and 800 million Egyptian pounds ($78.8 –…
Emirates NBD Egypt braces for greater SME financing scheme in September
Emirates NBD is bracing for a new strategy dedicated to expand its support for small and medium-sized enterprises…
Banks in Egypt to finish ranking SMEs, microenterprises by end of August
Banks operating in the Egyptian market will finish classifying the small- and medium-sized enterprises (SME) and…
National Bank of Egypt strikes deal to support 10th of Ramadan SMEs
Egypt’s biggest public lender, National Bank of Egypt (NBE) has signed Thursday a cooperation protocol with the…
Al Baraka Egypt seeks to renew World Bank’s $22.5 mln SMEs financing deal
Al Baraka Bank Egypt seeks to renew its SMEs financing agreement worth 200 million Egyptian pounds ($22.5 million)…
Emirates NBD raises SMEs share in Egypt lending portfolio to 25%
UAE-based bank Emirates NBD has boosted its credit portfolio for small and medium-sized businesses in Egypt to 25…
Al Baraka Egypt secures Islamic Development Bank $5.6mn SME credit line
Al Baraka Bank Egypt, part of Bahraini Al Baraka Banking Group, has secured the Islamic Development Bank’s (IDB)…
