EIB studies €500 mln financing for Egypt SMEs
The European Investment Bank is studying the provision of €500 million ($553 million) financing to some Egyptian…
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SMEs
Egypt, South Korea sign declaration of intent to boost SME ties
Egypt has signed on Saturday a Declaration of Intent for a cooperation framework agreement with South Korea in…
Egypt inks $23.5 mln grants with Canada
Egypt has signed Thursday three grants worth C$30.6 million (US$23.5 million) with Canada to finance technical…
Egyptian Banking Institute’s mission to Hungary, India to explore SME expertise
The Egyptian Banking Institute (EBI) has organised during May two field visits to India and Hungary to get to know…
German-Egyptian economic cooperation rises by 50%: minister
Economic cooperation between Egypt and Germany rose by 50 percent after the two countries sealed their latest…
TE collaborates with Cisco, launches Meraki to serve SMEs
State-owned telephone company Telecom Egypt (TE) (ETEL) has launched Meraki, in collaboration with Cisco, to serve…
Alexbank named best bank for SMEs in MENA: Euromoney
AlexBank has been named “Middle East’s Best Bank for SMEs” by pre-eminent international finance magazine Euromoney.…
Egypt’s largest state bank to boost SME financing in FY2016/7 by 30%
The National Bank of Egypt (NBE), the country’s largest public lender, plans to extend its portfolio of financing…
Barclays rules out financing Egypt SMEs during current period
Director of Business Banking at Barclays Bank Egypt Sherif El-Behery ruled out the possibility that the bank will…
IDB, EBRD mull SME fund launch for Egypt, 3 Arab states
The Islamic Development Bank (IDB) is studying establishing a mutual fund for the small and medium-sized…