Egypt’s second-largest state lender, Banque Misr, is expecting to receive a $100 million loan from China Development …
small and medium enterprises
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Egyptian Social Fund for Development (SFD) targets boosting the volume of finances for Micro, Small and Medium …
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Banks
French Development Agency, CIB Egypt ink €80mn letter of intent
by Yomna Yasserby Yomna YasserEgypt’s biggest private bank, Commercial International Bank (CIB) has signed wih the French Agency Group Development (AFD) …
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Financial Institutions
EFG-Hermes launches Subsidiary to offer Leasing Services
by Yomna Yasserby Yomna YasserEgypt’s EFG-Hermes, one of the largest investment banks in the Middle East, announced Sunday that it had …
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HSBC announced Sunday the launch of its second international growth fund in Egypt worth 300 million Egyptian …
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Financial Institutions
EBRD Grants US$800mn to Egypt’s SMEs in 3 Years
by Salma Aymanby Salma AymanThe total finance provided by European Bank for Reconstruction and Development (EBRD) in order to support Small …
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Al Baraka Bank Egypt plans to pump EGP 750 million to fund the country’s SME sector within …
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Arab Investment Bank (AIB Egypt) contributes around 5% to the paid-up capital of the newly-founded Ayady Company …
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Tech news
Eitesal Cooperates with Cairo University, Egyptian Authorities to Support TIEC
by Salma Aymanby Salma AymanEgypt’s non-government organization Eitesal has recently signed a number of agreements with Cairo University, Ministry of Scientific …
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The Egyptian stock Exchange (EGX) signed this morning a memorandum of understanding with School of Business Executive …