Latest in Tag: SMEs Highlight
Latest in Tag: SMEs
Banque du Caire, Inmaa signs joint venture agreement to finance SMEs
Cooperation aims to simplify and facilitate financing procedures for SMEs, enable small investors to expand, provide necessary liquidity to start their business
Cooperation aims to simplify and facilitate financing procedures for SMEs, enable small investors to expand, provide necessary liquidity to start their business
United Bank signs MoU with EBRD to support SMEs
The rehabilitation of local SMEs for global competition is the real hope to maximise domestic output, says Kashmiri
BE ONE Software Solutions launch services in the Egyptian market
Solutions help small and medium-sized businesses leverage productivity by 15-25%, profits increase by 10-15%: Hosny
Egyptian Agricultural Bank launches initiative to finance livestock wealth project
We aim to finance the purchasing of one million livestock and establish small projects within the CBE’s initative, says El Kosayer
EGBANK signs $20m loan agreement to finance SMEs
The European Investment Bank is to finance the loan that will be entirely dedicated to SMEs
Nasr participates in Egyptian-Jordanian Common Supreme Committee
Nasr discussed the ways of developing cooperation in SMEs and other fields
The web can help Egyptian SMEs grow and reach more customers: Google MENA managing director
Lino Cattaruzzi is confident in the growth opportunities provided by digital infrastructure
Trade delegation of entrepreneurs to UAE and Germany: Kabil
“It is essential to find brands for entrepreneurs’ product, market their products electronically to increase sales domestically and abroad”
Afreximbank grants NBE $300m financing facility
The African Export-Import Bank (Afreximbank) has granted a $300m financing facility to the National Bank of Egypt (NBE) to support Egypt’s industrialisation efforts. President of Afreximbank Benedict Oramah and chairperson of NBE Hisham Okasha signed the Industrialisation Support Facility agreement on 27 April on behalf of their respective institutions during a ceremony held at NBE’s …
Fee-free bank accounts with no minimum balance for customers and SMEs for one week from Emirates NBD
To support the initiative of the Central Bank of Egypt (CBE) and the Egyptian economy, Emirates NBD Egypt actively participates in the Arab Financial Inclusion Day through a variety of offers and advantages, as Emirates NBD Egypt will open fee-free bank accounts with no minimum balance for individuals, as well as SMEs, to promote the …
Approval for 655 projects in Q1 2017: Kabil
The approvals spanned nine industrial fields, with investments worth EGP 15.6bn
ITIDA launches programme for development of CIT sector SMEs
The programme provides new finance mechanisms in collaboration with the banking sector at interest rates of 5-7%
FEDCOC division prepares plan to develop SMEs through Tawtin initiative
Final preparations to be finished within one month, according to Salem
Banking sector to rise up for supporting SMEs
EGP 101bn finances granted from banks to this sector so far, says Amer
Egyptian Association for Direct Investment reviews opportunities and challenges of SMEs funds
Governance of small businesses raises their value by 30%
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
IFC provides AAIB with $100m loan to support SMEs
The loan will enable AAIB to scale up its lending operations to smaller businesses
Activation of a body specialised in supporting SMEs is necessary: El Oteifi
I hope the body is affiliated to the cabinet directly, not subject to the supervision of a specific ministry in order to coordinate between concerned authorities, says director of EBI’s SMEs unit
Nasr signs 7 cooperation agreements with Lebanon
Countries seek to share experiences in fields of SMEs, youth, environment, consumer protection, sports, and security
Amending Capital Market Law to facilitate SMEs registration: Omran
32 companies were registered in NILEX with EGP 1.3bn capital by the end of 2016
ALEXBANK’s SMEs portfolio amounts to EGP 2bn: CEO
EGX, ALEXBANK sign MoU to support and empower Egyptian SMEs
Egypt is one of the most powerful economies in North Africa, we are keen to expand here: UNB leaders
We are keen on taking part in funding projects that serve the Egyptian economy, in fields of energy and infrastructure, amongst others: Al Nahyan
Audi Egypt to increase loan portfolio by EGP 4.5bn by end of 2017
We granted EGP 2bn to SMEs and we support the industrial sector, says Fayed
EBRD allocates 1.5bn euros for SME projects in Egypt
The bank targets to develop the environment for small companies to invest and improve
CBE allocates EGP 10bn to finance SMEs in several sectors
Financing priority given to companies working in the exporting sector and producers of alternative local goods, replacing imported goods
Total finances of SFD EGP 3.8bn during 2016
Commercial sector projects took advantage of the fund ‘s financing programmes with 132,700 projects
CBE considers making amendments to the SMEs initiative
Regular meetings in FEB to look into the problems facing banks during initiative implementation, taking suggestions, according to prominent banker
AmCham MENA Regional Council’s annual forum to launch in March
AmCham MENA is advocating for a more friendly business environment to support SMEs growth, according to regional secretariat of the AmCham MENA Council
Awareness session to be held in Port Said: Integrity Network Initiative
The Integrity Network Initiative is to hold an awareness session in Port Said on Sunday at 1pm, according to a press statement.
12 industrial complexes are ready for SME’s in 2017: IDA
House of Representatives will issue new licensing law within 10 days