Latest in Tag: small and medium enterprises Highlight
Latest in Tag: small and medium enterprises
BM SMEs portfolio registers EGP 4.4bn at end of June
Bank launches training programme to raise entrepreneurs’ awareness in Alexandria
Banks race to implement CBE’s programme for funding SMEs
Both Banque Misr and the Industrial Development and Workers Bank of Egypt have begun proposing funding programmes with a 5% declining annual interest rate
Banque Misr begins activating CBE initiative to finance SMEs with 5% yield
This springs from the bank’s commitment to promoting economic development and contributing to the development of society by fighting unemployment, increasing the gross domestic product (GDP), and achieving sustainable development.
Banking intermediation credit to private sector at 32% until 15 September
The overall share of funds to SMEs in the loans portfolios of banks operating in Egypt is 5%, says Dcode report
ECPPS aims to improve business, investment atmosphere in 22 governorates
The centre launched its new website to create network for businessmen seeking funding
CBE programme to support SMEs boosts economic growth: Masters Securities Investment
The CBE decided to stimulate banks by offering financing loans with a maximum interest rate of 5% for SMEs
SMEs: Egypt’s broken backbone?
Banks are keen to loan to SMEs; now however is not the right time due to the high unpredictability in the economics in Egypt, says Levari Law Founder
Government to address obstacles facing entrepreneurship, SMEs: Mehleb
Bank branches in Upper Egypt and Nile Delta to facilitate funding for small and medium-sized companies, says CBE governor
Government to launch 4-year investment, development programme at Economic Summit: Mehleb
New investment law gives legal authority to GAFI to approve and facilitate project implementation, bankruptcy law ensures a safe exit for investors, says prime minister
Stock market sheds EGP 12.4bn, all market indexes decline
A further drop in oil prices results in additional losses for the Egyptian capital market
Barclays raises finance portfolio for small and medium enterprises to EGP 1.2bn
Bank plans six new branches over next two years
Euromoney Conference: EGP 750m funding target by Tanmeyah to finance SMEs: Company president
Tanmeyah aims to bring loan to small and medium enterprises by end of 2014 through new loans issuance ranging from EGP 30,000 to EGP 200,000
Euromoney conference: Main stock index making remarkable progress: Chairman of Egyptian Stock Exchange
Omran cautions that economic indicators are still marred by persistent unemployment, debt, budget deficit, and inflation
Foreign trade minister issues export ban on solvents to prevent petrol smuggling
By Abdel Qader Ramadan Minister of Foreign Trade, Industry, and Investments Mounir Fakhry Abdel Nour has issued a ban on the export of solvents, essential in paint manufacturing and comprised mainly of diesel fuel. Nour said: “This decision is targeted at maintaining subsidised Egyptian petroleum products, as an increase in smuggling operations, under the cover …
Banque Misr launches new programmes for micro, small and medium enterprises
The bank announces three loan programmes divided by project size
Banks should contribute to all economic sectors equally: Bankers
“What matters for banks is the ability to meet deadlines for loan repayments,” says former Chairman of Misr Iran Development Bank
United States remains economically committed to Egypt: US State Department
In keynote speech at ALROWAD conference, the US affirmed its commitment to bettering Egyptian economy
Net profit taxes on SMEs is illogical traders say
Advance estimate of profits impractical