SFD Egypt hopes to activate $40 mln finance deal with OFID soon
Egypt’s Social Fund for Development (SFD) says it seeks to activate a $40 million financing agreement with the OPEC…
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Social Fund for Development
National Bank of Egypt pumps 5.2bn Egyptian pounds for SMEs
Egypt’s biggest lender, the state-owned National Bank of Egypt (NBE) has pumped 5.2 billion Egyptian pounds ($294.2…
Egypt’s SFD negotiating $330 million finances from Arab Fund, EIB, OFID
Egypt’s Social Fund for Development (SFD) is negotiating a $330 million financing package from three global…
Women account for 50% to 1.2 mln micro enterprises in Egypt: report
Women have contributed up to 50 percent to the 1.2 million micro enterprises across Egypt supported by the country…
Dcode concludes advising on World Bank’s Egypt SME financing scheme
Egyptian financial services firm Dcode has completed consulting for a World Bank-led financing programme worth $125…
Al Baraka Egypt seeks to renew World Bank’s $22.5 mln SMEs financing deal
Al Baraka Bank Egypt seeks to renew its SMEs financing agreement worth 200 million Egyptian pounds ($22.5 million)…
Al Baraka Egypt secures Islamic Development Bank $5.6mn SME credit line
Al Baraka Bank Egypt, part of Bahraini Al Baraka Banking Group, has secured the Islamic Development Bank’s (IDB)…
Egypt signs OFID’s $40 mln small and micro-business loan
Egyptian government has signed Monday a $40 million loan with the OPEC Fund for International Development (OFID) to…
Housing & Development Bank, SFD-Egypt prep for new microfinance contract
Egypt’s Social Fund for Development (SFD) is to sign in the coming few days a new financing contract with the…
National Bank of Egypt negotiating SFD for new SME finance scheme
The National Bank of Egypt, the country’s biggest public lender, says plans to secure a new financing package worth…
Egypt’s SFD says financed 11,000 small projects in New Valley since 1992
Egypt’s Social Fund for Development (SFD) has financed around 11,000 small and micro-sized projects in New Valley…
Egypt’s SFD negotiating Arab Fund for $50 million finance package
Egypt’s Social Fund for Development (SFD) is negotiating a $50 million financing package from the Arab Fund for…
Egypt’s SFD negotiating $300 million finances from World Bank, Saudi Fund
Egypt’s Social Fund for Development (SFD) is negotiating a $300 million financing package from the World Bank and…
PM to name VPs for Egypt’s third biggest lender ‘within days’
Egypt’s Prime Minister Sherif Ismail will name within days two key banking officials as vice chairpersons of the…
SFD to ink $2.8 mln finance package with Egypt’s state agriculture bank
Egypt’s main agricultural lender PBDAC will sign Thursday a financing package deal with the country’s Social Fund…
World Bank delegation visits developmental projects in Egypt’s Luxor
A high-level World Bank delegation has visited Luxor, southern Egypt on Tuesday to follow up the implementation of…
14th International Franchise Exhibition kicks off in Egypt today
Egyptian Supply Minister Khaled Hanafy opened Wednesday the 14th Middle East & North Africa International…
AfDB current portfolio with Egypt’s SFD hits $225 million
The African Development Bank (AfDB)’s current portfolio for Egypt’s Social Fund for Development (SFD) has reached…
Egypt’s SFD in talks over Saudi Fund’s $100mn finance
Egypt’s Social Fund for Development (SFD) is currently negotiating over Saudi Fund for Development’s $100 million…
Egypt’s SFD to finance 3 youth-run projects in New Valley
Egypt’s Social Fund for Development (SFD) has signed Monday three memoranda of understanding to finance projects in…
Egypt’s construction federation to launch initiative for young contractors in 2016
Egyptian Federation for Construction and Building Contractors (EFCBC) is mulling the possibility of launching an…
Egyptian women entrepreneurs control 44% of SFD’s micro projects
Women entrepreneurs are controlling 44 percent of micro businesses supervised by the Social Fund for Development…
Egypt’s SFD gears up for 18th Microcredit Summit in UAE
Egypt’s Social Fund for Development (SFD) is sending a high-level delegation to take part in the 18th Microcredit…
QNB to sign $6.4 million deal in support of Egypt SMEs this month
Qatar National Bank AlAhli S.A.E. (QNB AlAhli) is to sign this month its first contract with Social Fund for…
Al Baraka Bank to pump $127.7mn in Egypt SMEs this year: chairman
Al Baraka Bank Egypt, part of Bahrain’s Al Baraka Group (ABG), is planning to pump one billion Egyptian pounds…
SFD signs MOU with Sinai’s Knooz El-Bardawil to fund SMEs
Egypt’s Social Fund for Development (SFD) has signed a Memorandum of Understanding with Sinai’s Knooz…
SFD Egypt: SME projects in Upper Egypt are top priority in 2016
Egypt’s Social Fund for Development (SFD) is to focus more on funding small and medium-sized (SME) projects in the…
SFD in talks with Bank Audi-Egypt over $4mn-contract for SMEs
Egypt's Social Fund for Development (SFD) is negotiating with Bank Audi –Egypt on new contract estimated at 30…
SAIB Bank to ink first Shariah-compliant deal with SFD Egypt early 2016
Societe Arabe Internationale de Banque (SAIB) will be signing its first Shariah-compliant agreement upon the…
SFD-Egypt eyes boosting funds by 35% by 2016
Egyptian Social Fund for Development (SFD) targets boosting the volume of finances for Micro, Small and Medium…
SFD finances for Egypt’s micro enterprises exceed target for 2015
The finances of Egypt's Social Development Fund (SFD) for micro enterprises recorded 1.2 billion Egyptian pounds…
SFD Egypt to hold funding conference in January
Egypt’s Social Fund for Development (SFD) is to hold a high-profile conference inviting more than 29 global…
SFD injects $137mn into Egypt’s micro enterprises in 9 months
Egyptian Social Fund for Development (SFD) has pumped nine-month finances worth 1.1 billion Egyptian pounds…
SFD in talks with two banks over $25.5mn contracts
The Social Fund for Development (SFD) is to sign two contracts with two banks to finance small enterprises, Head of…
SFD’s SMEs funds hit $383mn at August-end
The total funds of Social Fund for Development (SFD) for Small and Medium-sized Enterprises (SMEs) worth 3 billion…
SFD eyes Small Enterprises Licence Unit in Suez Canal’s HQ
Egypt's Social Fund for Development (SFD) is ready to establish a licence unit for the small enterprises in Suez…
SFD Egypt in Talks with World Bank over US$25.5mln-fund
Egypt's Social Fund for Development (SFD) negotiates with the World Bank Group for a fund worth EGP200 million…
SFD funds $85.6mn in Egyptian Microenterprises in 6 Months
Egypt’s Social Fund for Development (SFD) has contributed 670 million Egyptian pounds (US$85,6 million) to finance…
SFD Egypt in talks over US$700mn Foreign Loans
Egypt’s Social Fund for Development (SFD) is in ongoing talks with international financial institutions, including…
FEDCOC, Egypt’s SFD sign Cooperation Protocol Today
Federation of Egyptian Chambers of Commerce (FEDCOC) will sign a cooperation protocol with Social Fund for…