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…
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SMEs
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…
2.5 million SMEs in Egypt providing 75% of jobs: official
The number of small- and medium-sized enterprises (SMEs) in Egypt is approximately 2.5 million projects,…
Banque Du Caire says to inject $169 mln in SME projects this year
Egypt’s third biggest public lender Banque du Caire plans to inject 1.5 billion Egyptian pounds ($169 million) into…
Arab Investment Bank mulls injecting $47.3mn into SME projects
The Arab Investment Bank (AIBK) is studying pumping 420 million Egyptian pounds (US$47.3 million) in favour of…
Korea, Egypt sign cooperation agreement on enhancing SMEs
Egypt and Korea signed Thursday a cooperation agreement on making benefit of Korean expertise to enhance and…
Saudi Arabia working on SME bourse rules for early 2017 launch – bourse chief
Saudi Arabia is working to finalise the rules for a new stock market dedicated to small and medium-sized businesses…
EBRD endorses €300 million to support Egypt SMEs
The European Bank for Reconstruction and Development (EBRD) has endorsed this year €300 million (US$340.5 million)…
Saudi bourse plans equity market for SMEs
Saudi Arabia's stock exchange plans to establish an equity market targeting small and medium-sized enterprises…
Egypt’s Industrial Development Bank’ SMEs portfolio hits $112mn
Small and medium-sized businesses (SMEs) acquire 16 percent of the Industrial Development and Workers Bank -…