Latest in Tag: MSMEs Highlight
Latest in Tag: MSMEs

MSMEs Development Authority prepares first national strategy to develop production clusters
Authority provides new funding programmes to the youth to launch their small businesses, says Gamaa

Banque Misr signs protocol with IDA to finance establishment of industrial parks for MSMEs
Banque Misr and the Industrial Development Authority (IDA) signed a cooperation protocol to finance the establishment of industrial parks. Mohamed El-Etreby, chairperson of Banque Misr, and chairperson of the Industrial Development Authority (IDA) Ahmed Abdel Razek signed the protocol. The agreement includes Banque Misr offering financing for allocated projects and reviewing them within 15 days. …

Civil society and government cooperate to support MSMEs
High interest rates are main obstacle for MSMEs in Egypt, says HDB chairperson

Faisal Islamic Bank of Egypt to focus on MSMEs in new lending policy
The bank has presented a plan to the CBE to increase the share of funds provided to SMEs in its lending portfolio by 7% by 2019, said El-Bendary

CBE discusses ways to increase MSMEs’ funding with banks
Banks are currently preparing their infrastructure to begin implementing CBE initiative