Latest in Tag: SFD Highlight
Latest in Tag: SFD
SFD inks 3 grant agreements for Egyptâs SMEs sector
New joint cooperation in transportation sector to be announced soon, says Nasr
US-backed SDF starts final assault against IS militants
Baghouz is last remnant of âcaliphateâ, says US-backed Syrian forces
New SME institution to replace SFD soon
The new body will answer to the Ministry of Trade and Industry
SFD aims to inject EGP 500m into small projects by end of 2017
Fund injected EGP 2.25bn to small enterprises since May 2006
â â â â SFD, Hermes Leasing sign EGP 20m contract to finance small enterprises
Secretary general of the Social Fund for Development (SFD) Niveen Gamea; Ahmed El-Kholy, CEO and managing director of EFG Hermes Leasing; and Talal Hamza, head of the finance department at Hermes Leasing, signed a contract for the development of new and existing small enterprises through a financial leasing scheme worth EGP 20m. This funding is …
SFD and PBDAC sign contract worth EGP 100m to finance agricultural and animal projects
The bank coordinates with the CBE, Egyptian Countryside Development Company, NBE, and Banque Misr to launch special products for beneficiaries of 1.5m acre reclamation project
United Bank obtains EGP 120m from SFD to finance SMEs
We signed six contracts with the fund so far, totalling EGP 395m, says El Kady
Total finances of SFD EGP 3.8bn during 2016
Commercial sector projects took advantage of the fund ‘s financing programmes with 132,700 projects
SFD financed small enterprises worth EGP 1.6bn in H1 of 2016
Commercial enterprises account for EGP 1bn of these finances
SFD to be merged with new SMEs development authority: source
The new authorityâs board of trustees will be announced next month
SFD finances projects with EGP 16.9bn during the first half of 2016
EGP 701.2m to finance micro-projects
PBDAC negotiates with SFD to obtain EGP 100m loan: PBDAC chairperson
The loan will finance agricultural industrialisation projects and greenhouses at low cost, says Elkosayer
SFD finances projects with EGP 784.6m in Q1 of 2016
Projects in the commercial sector accounted for 60% of the total financed projects
Housing Ministry, SFD sign protocol to develop 370 homes in Minya and Sohag
The overall objective of the project is to alleviate poverty by providing temporary jobs for youth in the target villages, says Soliman
United Bank, SFD sign EGP 150m contracts to finance SMEs
The first contract stipulates that the SFD will provide EGP 100m for the United Bank to finance new and existing small enterprises nationwide
OFID grand $40m loan in coordination with SFD
The loan will have a 4% interest rate, and the fund has provided Egypt with more than $950m, says representative
Industrial Development Bank negotiates with SFD to fund micro-enterprises
AfDB financed SFD with $72m for the Rural Income and Economic Enhancement Project
SFD, EFCBC to participate in Partnership for Developmentâs Leasing Event
Conference organised by Excellent Communications in cooperation with EFSA
SFD provides EGP 700m for women-run small and micro projects
Loans provided to women during the last five years amount to EGP 3bn for small and micro-enterprises, says Abbas
New initiative to merge informal, formal economies: Soliman
Secretary General of the Social Fund for Development (SFD), Soha Soliman, has revealed that there is a new initiative to merge the informal and formal economies. Soliman outlined that the initiative includes offering incentives to owners of informal projects, such as offering them different tax methods from those provided to owners of major projects. “The …
Petroleum, supply ministries cooperate to transform cooking oil into biodiesel
The programme will be applied in all governorates in Egypt, whereby ACPA will be responsible for the transformation process
SFD allocates EGP 10m to convert 2,000 cars to natural gas
SFD contributed towards conversion of approximately 17,400 cars by providing financing worth EGP 87m, says Secretary General
Franchise Exhibition kicks off Wednesday
EGP 60bn total investments in franchise industry in past few yearsÂ
WASME to discuss new Egyptian SMEs law next month
Association will discuss cooperation to promote Egyptâs SMEs during meeting with Industry Minister
Poverty map puts Upper Egypt among SFDâs priorities during 2015: Fund Director
The Social Fund for Development (SFD) is fighting poverty across Egyptâs governorates through a range of projects for social development
UN Women provide 5m jobs for Egyptian women
4,000 small-sized businesses to be provided for low-income women at cost of EGP 18m in 250 villages, says SFD Secretary General
SFD signs EGP 50m agreement with Industrial Development Bank
Director-general of the Social Development Fund (SFD) Soha Soliman has signed two agreements with the Industrial Development Bank to develop small- and medium-sized enterprises (SMEs) in Egypt. The value of the agreements, which were signed on 17 February, is EGP 50m, funded by the French Agency for Development (AFD). SFD said that the agreements come …
SFD obtains $90m for short-term employment investments
The Social Fund for Development (SFD) has obtained $90m as part of the Emergency Labour Intensive Investment Project, according to the SFDâs Social Development department head Medhat Ismail Thursday. The investment injection will be used to create short-term employment opportunities for unskilled and semi-skilled workers, Ismail added. Signed in 2013, the SFD has cooperated with …
Agreement signed converting 2,000 cars to run on natural gas
210,000 cars running on natural gas, 180 supply stations and 74 conversion centres created between 2012 and 2014
SFD plans to allocate EGP 2bn to fund projects by year-end: Secretary General
By Ayat Al-Batawi In December 2013, the board of directors of the Social Fund for Development (SFD) approved a budget of EGP 3bn for 2014 to finance development programmes of small enterprises and labour-intensive projects. Since the beginning of 2014, the Social Fund for Development has given a special attention to Egyptian youth, spending EGP …