The Central Bank of Egypt (CBE) is looking to make amendments to the initiative that involves funding …
Small and medium sized enterprises
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Banks in Egypt have become more supportive in financing small and medium-sized businesses, said head of retail …
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Banks
EBRD, AlexBank sign $100 million deal to boost SMEs, trade activities in Egypt
by Yomna Yasserby Yomna YasserThe European Bank for Reconstruction and Development (EBRD) is providing AlexBank, a member of Italian bank Intesa …
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The cabinet approved a draft resolution submitted by Minister of Trade and Industry Tarek Qabil on Thursday …
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Industry & Trade
Industry ministry issues inclusive complex for SMEs in Egypt’s Sadat City
by Noha Gadby Noha GadEgyptian industry ministry is currently taking steps to issue an inclusive industrial complex in Sadat City for …
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Egypt-based financial adviser, Eagle says talks were underway to make two new listings in the local stock …
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Banks
Egypt’s Industrial Development Bank in talks for new SMEs financing
by Yomna Yasserby Yomna YasserEgypt’s state-run Industrial Development and Workers Bank (IDWBE) says it was negotiating with the Social Fund for …
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Banks
UNB-Egypt eyes boosting SMEs financing to 8% of its loans portfolio end-2016
by Noha Gadby Noha GadUnion National Bank-Egypt (UNB) aims to boost its financing directed to small- and medium-sized enterprises (SMEs) to …
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Banks
Emirates NBD Egypt braces for greater SME financing scheme in September
by Yomna Yasserby Yomna YasserEmirates NBD is bracing for a new strategy dedicated to expand its support for small and medium-sized …
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Financial Institutions
IFC current portfolio with Egypt nears $1.5 bln, in talks for more
by Yomna Yasserby Yomna YasserThe International Finance Corporation (IFC)’s, the investment arm of the World Bank, current portfolio for Egypt is …