Billionaire Naguib Sawiris plans to set up Egypt-based SME bank
Egyptian tycoon Naguib Sawiris said on Monday he seeks to set up a bank in his country specialising in services for…
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SMEs
National Bank of Egypt injects $1.9 bln for SMEs
National Bank of Egypt (NBE), the country’s largest state bank, injected funds worth 34 billion Egyptian pounds…
EFG Hermes, HSBC sign EGP400 mln agreement to support SMEs
EFG Hermes Leasing and HSBC Bank Egypt have signed a cooperation agreement that will help small and medium-sized…
NBE pumps EGP30 into SMEs in 3 months: Aboulfotouh
National Bank of Egypt (NBE), the country's largest state bank, pumped total funds of 30 billion Egyptian pounds…
Egypt to host international SME forum next June
Egypt said it will host an international forum for small and medium-sized enterprises (SMEs) in June 2019, with 52…
Egypt’s MSME agency negotiating European Investment Bank €60 million loan
Egypt’s Micro, Small, and Medium Enterprises Development Agency (MSMEDA) is in talks with the European Investment…
Egypt’s MSME agency negotiating World Bank for $200 million loan
Egypt’s Micro, Small, and Medium Enterprises Development Agency (MSMEDA) is negotiating a $200 million loan from…
MSMEDA provides EGP4.1 bln to SMEs in 9 months
The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has provided funds at a value of 4.1 billion…
Banks finance SMEs with 110 bln Egyptian pounds
Banks have directed 110 billion pounds to finance small and medium enterprises (SMEs) since the start of the…
Egypt’s movable collateral registry collects 14,000 assets since March: I-Score
Egypt’s registry for movable assets, launched earlier mid-March this year, had collected 14,056 collaterals worth…