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Central Bank of Egypt cuts SME default grace period to 90 days
The decision came into effect this month
Egyptian-Turkish consortium to set up two customs bonded yards
PLUS- A new accelerator program enters the scene
Moonbase Capital to open Egypt office within six months
Moonbase is not putting capital to work in Egypt in the near term
FinMin earmarks EGP 5 bn to support MSMEs
The funds will provide low-cost financing for entrepreneurs, particularly in priority sectors
Tasaheel closes EGP 4.7 bn SME-focused securitization
This marks Egypt’s first securitization backed entirely by a portfolio of SMEs
Israel presses pause on Egypt gas exports following US strikes on Iran. PLUS: Yacht tourism initiative, GE Healthcare + Al Safi Group
Israel had only just resumed gas exports on Thursday after a six-day pause
AAIB inked EGP 150 mn financing agreement with MSMEDA
DEVELOPMENT FINANCE- AAIB backs SMEs in Egypt via EGP 150 mn facility: The Arab African International Bank (AAIB) inked a…
Madbouly orders investigation into adulterated fuel claims
It was a busy night on the airwaves, with the nation’s talking heads bringing us coverage of fuel drama, Takaful…
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