Tanmeyah Micro Enterprise injects EGP 300m investments

Amr Abu Eish, CEO of Tanmeyah Micro Enterprise Services, said that the Company injected funds in value to EGP 200 million last year, making the total portfolio reached EGP 220 million.

Tanmeyah Micro Enterprise Services plans to inject new funds in value to EGP 300 million this year, as it expects current political and economic circumstances will be stable in the upcoming period.

The Company plans to expand in Upper Egypt region, so it will open five branches there, Abu Eish added.

Noteworthy that Finance Limited Co., subsidiary of Citadel Capital Co., owns 51% of Tanmeyah Micro Enterprise Services, while the administration staff of the latter owns 24.3% and Egyptian Gulf Bank owns the remaining 24.7%.