Sisi’s fund to establish $255mn holding company for SMEs
The Tahya Masr (Long Live Egypt) Fund, originally initiated by President Abdel Fattah al-Sisi to support national…
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SMEs
FEP Capital captures 50% Egypt SME Bourse’s 2015 IPOs
FEP Capital – part of Private equity manager in MENA region, First Equity Partners (FEP) – has successively managed…
Egypt’s National Bank, AfDB portfolio for SMEs hit $340mn
The total funds provided by the African Development Bank (AfDB) in favor of the National Bank of Egypt (NBE) for…
Egypt’s Industrial Development Bank seeks 3-year strategy for SMEs
Industrial Development and Workers Bank of Egypt (IDWBE) aims to draw up a 3-year strategy to develop its Small And…
Three key Egyptian banks negotiating AfDB for SME finances
Three major Egyptian banks, the National Bank of Egypt, Commercial International Bank, and Banque Du Caire are…
Italy to grant Egypt soft loan worth $45mn to support SMEs
Italy plans to secure €45 million for the support of the development of Egypt’s private sector and small and…
Banque Du Caire captures 49% share of Egypt microfinance market
Egypt's third biggest state-owned bank, Banque Du Caire seizes 49 percent of the country’s microfinance market, its…
National Bank of Egypt to secure $15 million from Germany’s SANAD Fund
National Bank of Egypt is set to sign a loan worth US$15 billion with SANAD Fund for MSMEs, of the German state-run…
Egypt’s National Bank, SFD to sign $44.7mn finance for SMEs
Egypt’s Social Fund for Development and the National Bank of Egypt (NBE) plan to sign a new finance worth 350…
Kuwait’s Ahli Bank plans capital top-up for Egyptian unit in 2016: CEO
Kuwait's Al Ahli Bank (ABK) plans to boost the capital of its Egyptian unit to around one billion Egyptian pounds…
