Egypt central bank allocates 2 bln pounds to cover SME financing risks
Egypt’s central bank has approved to grant Credit Guarantee Company (CGC) 2 billion Egyptian pounds ($112 million)…
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SMEs
Egypt’s Arab Investment Bank 2017 net revenues grow 15%
Egypt’s Arab Investment Bank (AiBK) says its full-year net revenue has grown 15 percent from a year ago, reaching…
Afreximbank studying $50 mln SME loan for Egypt’s United Bank
The Africa Export-Import Bank (Afreximbank) is studying lending Egypt’s state-run United Bank around $50 million to…
MSMEDA injects 76.5 bln pounds in 4,000 projects in Matrouh
The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has injected 76.5 million Egyptian pounds…
Al Ahli Bank of Kuwait-Egypt seeks to directly finance SMEs in 2018
Kuwait-based Al Ahli Bank of Kuwait-Egypt (AKB) aims to directly finance small and medium enterprises during…
Egypt inks €300 mln funding agreements, €400,000 grants at Africa 2017 Forum
Egypt’s government has signed Friday agreements of €300 million and grants of €400 million to finance development…
Sisi highlights Egypt’s new measures to support SMEs at Africa 2017 Forum
Egypt's President Abdel Fattah al-Sisi said Egypt has taken different measures to support owners of micro, small,…
Spain’s Mediterrania Capital pumps investments of €103 mln in SMEs
Spain- based Mediterrania Capital Partners, the private equity firm focused on growth investments seeks to invest…
Egypt, Romania to join forces for SMEs projects
Egypt and Romania will form a working group for bilateral cooperation in the micro, SMEs field according to the…
Global Entrepreneurship Week kicks off in Egypt
The world’s largest celebration of entrepreneurship kicked off in Egypt on Sunday November 12th with the policy…
