Latest in Tag: SFD Highlight
Latest in Tag: SFD
Shura Council Economic Committee set to accept $50m from Islamic Development Bank
Economic Committee: We are reviewing our losses as a result of Egypt’s dollar crisis
Sinai investment plan doubles to EGP 101m
USAID grants North Sinai additional EGP 50m
Cargas inks EGP 5m deal to fund conversion of 1,000 vehicles to natural gas
Agreement represents sixteenth signed between Cargas and Social Fund For Development
New policies to support SMEs and micro-businesses
The number of these businesses in Egypt was estimated to be near 3.4 million by the end of 2011, employing nearly 33.7% of Egypt’s employed population
New investment zone to be established in Giza
Priority will be given to projects seeking employ the largest number of the region’s youth, and which will improve the province’s education system and industrial facilities, said the Giza givernor
SFD received $418m in 2012
The SFD signed contracts for $190m in loans to fund small scale development projects and $228m in grants to fund worker development programmes and improve social services
Incentives to attract companies away from the grey economy
Ministry of Investment uses incentives to divert grey economy into formal economy
Saudi Fund for Development allocates EGP 1.4 billion to finance 3 projects in Egypt
The Saudi Fund for Development (SFD) signed three concessional loan agreements with the Egyptian Government. The agreements were signed on Monday 3rd 2012, in Cairo, by the Egyptian Minster of Planning and International Cooperation, Ashraf Al-Araby, and SFD Vice President and Managing Director, Yousef Al-Bassam. As per the first agreement, SFD grants Egypt EGP 547 million, in a concessional development …
SMEs receive support from Social Fund for Development
By Waleed Abel Azeem The National Bank for Development (NBD) is awaiting approval for an EGP 150 million grant from the Social Fund for Development Fund (SFD), according to Ahmad El-Masry, Director of Corporate Affairs at the bank. El-Masry said the grant would be directed to finance small and medium enterprises (SMEs) in according with …