United Bank Eyes new EGP50 million Contract with SFD Egypt
Egyptian lender United Bank S.A.E is currently in talks with Egypt-based Social Fund for Development (SFD) over a…
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SMEs
1st Annual Event on Funds Industry in Egypt Kicks off Monday
- The Event is organized by Money Cycle, Under Trade & Investment Ministry’s patronage…
Egypt C.bank Launches New Initiative to Boost SMEs Next April
Egypt’s central bank is due to launch a new initiative to enhance the SMEs sector within next month, said the…
Egyptian Bourse Adds Live Feed for NILEX Index on its Website
The Egyptian Exchange (EGX) started the activation of live feed for Nile Index on its website, Which came as the…
Banque Misr Eyes SMEs Financing Portfolio Totals EGP1.5 bln by FY14-end
Banque Misr’s strategy for the current fiscal year 2013/2014 targets expanding in financing small and medium…
Italy to Unveil a Second Credit Line with Egyptian Banks Soon
The Italian Technical Cooperation Agency will be opening soon a new credit line with a number of Egyptian banks,…
IFC Provides $300 mln to Support SMEs in MENA during 2013
World Bank Group’s IFC has spent around US $ 300 million during 2013 in supporting the SMEs in the MENA region, the…
Egypt Farm Bank Says SFD’s Total Finances Hit EGP2 billion
Egypt's main agricultural bank PBDAC registered total finances granted by Social Fund for Development (SFD),…
Al Baraka Bank Egypt: Profits Surge 22.04% in 2013
Al Baraka Bank of Egypt reported an increase worth EGP 29.9 million or 22.04% in its profits to hit EGP 165.7…
GAFI: 8512 New Firms Founded in Egypt during 2013, Highest Since 2005
Around 8512 new companies were founded in Egypt during 2013, according to the Chairman of the Egyptian General…
