The Tahya Masr (Long Live Egypt) Fund, originally initiated by President Abdel Fattah al-Sisi to support national …
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Small and medium sized enterprises
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FEP Capital – part of Private equity manager in MENA region, First Equity Partners (FEP) – has …
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The total funds provided by the African Development Bank (AfDB) in favor of the National Bank of …
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Three major Egyptian banks, the National Bank of Egypt, Commercial International Bank, and Banque Du Caire are …
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Financial Institutions
Italy to grant Egypt soft loan worth $45mn to support SMEs
by Yomna Yasserby Yomna YasserItaly plans to secure €45 million for the support of the development of Egypt’s private sector and …
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Financial Institutions
Egypt signs €22mn EU grant agreement for agricultural SMEs
by Yomna Yasserby Yomna YasserEgypt signed Sunday a grant agreement worth €22 million to carry out the European Union-funded project to support agricultural …
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Banks
Banque Du Caire captures 49% share of Egypt microfinance market
by Yomna Yasserby Yomna YasserEgypt’s third biggest state-owned bank, Banque Du Caire seizes 49 percent of the country’s microfinance market, its …
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Banks
National Bank of Egypt to secure $15 million from Germany’s SANAD Fund
by Yomna Yasserby Yomna YasserNational Bank of Egypt is set to sign a loan worth US$15 billion with SANAD Fund for …
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Egypt’s Social Fund for Development and the National Bank of Egypt (NBE) plan to sign a new …
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Banks
Kuwait’s Ahli Bank plans capital top-up for Egyptian unit in 2016: CEO
by Yomna Yasserby Yomna YasserKuwait’s Al Ahli Bank (ABK) plans to boost the capital of its Egyptian unit to around one …