Latest in Tag: SMEs Highlight
Latest in Tag: SMEs
SMEDA to launch 2nd stage of SMEs online platform in March
First stage was launched in August 2017, provided information about services for SME owners
Egypt to reap economic reform fruits in 2018: El-Damaty
Banks will focus on financing renewable energy, construction, communications sectors in coming period, while continuing to support SMEs
Industry future of state in coming period next to SMEs: Fahmy
Energy sector is most prominent sector that can contribute strongly to growth, especially after recent oil discoveries like Zohr
SMEs base for comprehensive development: Refaie
Suez Canal Bank agreed to participate in loans worth EGP 4bn for various economic sectors in 2017, says El-Refaie
Economic growth, high standard of living depend on SMEs expansion: Abdeen
Banks working to accelerate production, achieve sustainable development by focusing on funding vital sectors such as industry, agriculture, renewable energy
Five main aspects of theto United Bank’s work strategy in 2018: chairperson
Package of new digital solutions will be launched, customers will be educated, financial inclusion campaign will be intensified, base of beneficiaries will be maximised, says El Kady
IFC plans to launch new credit line for banks to finance SMEs in Egypt
Corporation negotiating with major companies in Egypt to increase female labour, says gender specialist
AlexBank signs cooperation protocol with IDA to finance industrial units acquired by SMEs
Protocol addresses IDA, Alex Bank’s mutual desire to boost industrial investments in Egypt, says chairperson of IDA
EGP 49bn increase in loans for SMEs in 1 year: CBE deputy governor
CBE met NBG officials to identify bank strategy, no formal request yet to exit Egypt
CBE approves ABE EGP 200m for veal project from SMEs portfolio
Bank to sign EGP 50m contract with MSMES Development Agency to finance women’s projects before year-end
MSMEs Development Agency launches first electronic platform for SMEs
The Mirco, Small, and Medium Enterprises Development Agency (MSMEs Development Agency) will launch the first electronic platform for all small and micro enterprises at the end of December, according to the agency’s CEO Niven Gamea. Gamea said in press statement last week that the platform will include a database of all micro and small business …
Amer’s decisions will have positive effect on long term
Investors see that the liberalisation of the exchange rate of the Egyptian pound is too late and very necessary to improve and develop the economy and to boost new investments in the market. They believe that the CBE’s initiative to support small and medium-sized enterprises (SMEs) with EGP 200bn is a very good step to …
SMEs benefit from creating economic platform between African exchanges: EGX board member
Regulations of listing on “NILEX” are simple in comparison to those of EGX: Prime Holding
Global Lease, MSME sign EGP 20m contract to support SMEs
They aim to support at least 20 clients with a minimum of EGP 50,000 and a maximum of EGP 1m
Government, banking sector stress support for SMEs
NILEX is one of the most effective factors in financing these projects: Sharkawy
BM SMEs portfolio registers EGP 4.4bn at end of June
Bank launches training programme to raise entrepreneurs’ awareness in Alexandria
Mashreq Bank Egypt inaugurates its new branch to serve Mashreq Gold customers, SMEs, and corporations
Mashreq Bank Egypt announced the inauguration of its new branch in Heliopolis within the bank’s expansion strategy and plan. This branch is dedicated to serve Mashreq Gold customers, SMEs, and corporations in order to ease their procedures and save clients’ time. Shaker Zainal, head of retail at Mashreq Bank Egypt, commented, “Mashreq Egypt has dedicated …
CBE Governor directs banks to expand financing of SMEs
Restructuring the Credit Guarantee Co. S.A.E is an important step to provide financing for new companies, says Helal
Al Ahli Bank of Kuwait-Egypt, EFG Hermes Financial Leasing sign cooperation protocol to support SMEs
Bank is considering launching several initiatives to provide maximum support to this sector in light of economic developments and in line with the directives and initiatives of the CBE
Banks block terrorism by expanding financing for small, medium and micro enterprises
CBE believes SMEs can counter terrorism through creating jobs, reducing unemployment, says El-kholy
SMEs represent 15% of total loans portfolio in United Bank: chairperson
We aim to take the percentage to 20% by the end of 2018 before the decided period of the CBE’s initiative ends, says El Kady
MSMEDA launches first training programme for SMEs in Damietta Furniture City
The programme targets 120 small entrepreneurs working in furniture
Afreximbank negotiates with NBE, CIB to finance SMEs
Afreximbank’s portfolio in Egypt is $5.2bn until 2017, says Oramah
3 credit lines totalling €619m to support SMEs, Mid-cap Fund in Egypt
The EIB has provided EUR 2.7bn to the private sector in the region
SMEs to receive tax exemption: CBE governor
Inclusion of 9 m clients in mobile banking services
GroFin MENA aims to increase investment in Egypt to EGP500M by end of 2018: investment director
$500m investments in Africa and MENA, with aim to grow to $700m by end of 2018
SMEDA to provide 10,000 training opportunities in “Start and Improve Your Project” programme
Egypt has 2.5 million SMEs and microenterprises with 75% of the total workforce, 17% of them export: Kabil
CBE launches Nile Pioneers initiative to support SMEs
The initiative aims to support SMEs to maximize their contribution to the national economy, and integrate the informal economy with the formal economy
Egypt, Tunisia exchange experiences in support of SMEs
Gamea meets Hammami to discuss means of cooperation between the two countries in the field of employment and support of youth skills
Cloud computing, artificial intelligence, data analytics key solutions for growth in coming period: Amr Talaat
The Egyptian market is promising and full of investment opportunities