The Saudi Fund for Development has so far invested around $2.5 billion in 23 ongoing projects in …
SFD
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Financial Institutions
EFG Hermes unit, SFD sign financial leasing deal for Egypt small businesses
by Yomna Yasserby Yomna YasserEFG Hermes Leasing, a wholly-owned subsidiary of Cairo-based investment bank EFG Hermes, has signed Monday a financial …
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Financial Institutions
SFD Egypt hopes to activate $40 mln finance deal with OFID soon
by Yomna Yasserby Yomna YasserEgypt’s Social Fund for Development (SFD) says it seeks to activate a $40 million financing agreement with …
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Egypt’s biggest lender, the state-owned National Bank of Egypt (NBE) has pumped 5.2 billion Egyptian pounds ($294.2 …
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Financial Institutions
Egypt’s SFD negotiating $330 million finances from Arab Fund, EIB, OFID
by Yomna Yasserby Yomna YasserEgypt’s Social Fund for Development (SFD) is negotiating a $330 million financing package from three global financial …
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Financial Institutions
EU secures €70 million for Egypt emergency employment investment project
by Yomna Yasserby Yomna YasserThe European Union (EU) has secured a €70 million grant in favour of Egypt’s Emergency Employment Investment …
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Egypt News
Women account for 50% to 1.2 mln micro enterprises in Egypt: report
by Yomna Yasserby Yomna YasserWomen have contributed up to 50 percent to the 1.2 million micro enterprises across Egypt supported by …
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Financial Institutions
SFD Egypt says financed 9,295 small projects in six months
by Yomna Yasserby Yomna YasserEgypt’s Social Fund for Development (SFD) says it had pumped 994.3 million Egyptian pounds ($112 million) to …
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Financial Institutions
Egypt signs OFID’s $40 mln small and micro-business loan
by Yomna Yasserby Yomna YasserEgyptian government has signed Monday a $40 million loan with the OPEC Fund for International Development (OFID) …
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Financial Institutions
Housing & Development Bank, SFD-Egypt prep for new microfinance contract
by Yomna Yasserby Yomna YasserEgypt’s Social Fund for Development (SFD) is to sign in the coming few days a new financing …