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Cabinet to discuss final draft of SMEs Act next week
The Cabinet will discuss the final draft of the SMEs Act next week, Finance Minister Mohamed Maait said. The government…
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CBE directs banks to provide facilitated loans to Egypt’s farmer cooperatives
The Central Bank of Egypt (CBE) has instructed commercial banks to begin extending facilitated loans to Egypt’s farmers, according to…
Factoring could provide the solution to close the SME funding gap- Afreximbank
The second-oldest profession could help SMEs grow in Egypt and Africa: Factoring could be a viable and sustainable solution to…
AT Lease to launch new factoring and SMEs leasing operations before year-end
Al Tawfeek Leasing (AT Lease) will launch before year-end factoring and SME-targeted leasing operations, according to a press release (pdf).…
Polaris Parks to deliver first phase of Bosla SMEs complex in April
Industrial developer Polaris Parks is planning to deliver the EGP 450 mn first phase of Bosla SME’s industrial complex west…
Committee finishes small enterprises tax draft law
EXCLUSIVE- VAT minimum registration requirements to be amended as an incentive to SMEs: The government is set to amend the…
Korea Eximbank to finance SMEs in Egypt
The Export-Import Bank of Korea (Korea Eximbank) will provide financing to Egyptian SMEs as part of the USD 3 bn…
Cabinet ratifies c.EUR 113 mn French funding agreements with Egypt
CABINET WATCH- Cabinet ratifies c.EUR 113 mn French funding agreements: The Moustafa Madbouly Cabinet ratified during its weekly meeting yesterday…
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