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Egypt PM to chair SME Development Authority
MOVES- Prime minister to chair SME Development Authority: Prime Minister Moustafa Madbouly named himself as the chairman of the SME…
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IFC aims to invest USD 5 bn in Egypt over the next 5 years
INVESTMENT WATCH- Meanwhile, the World Bank’s International Finance Corporation (IFC) aims to invest USD 5 bn in Egypt over the…
Banque du Caire in talks for USD 30 mn loan for SMEs
Banque du Caire is in talks with the Arab Fund for Social and Economic Development over a USD 30 mn…
Sisi talks power projects, SMEs with gov’t
Talks between President Abdel Fattah El Sisi and his government about electricity and renewable energy projects dominated the front pages…
SMEs in Egypt contribute less than 25% of the country’s GDP
SMEs in Egypt contribute less than 25% of the country’s GDP, despite accounting for 80% of the country’s enterprises, according…
Three Egyptian startups among 12 African startups to watch in 2019
Three Egyptian startups made Disrupt Africa’s list of “12 African startups to watch in 2019”: Elves, a personal assistant app,…
EFG Hermes, HSBC agree to make available EGP 400 mn in financing for SMEs
EFG Hermes Leasing and HSBC Egypt have agreed to allow SMEs access to EGP 400 mnin leasing and financing servicesduring…
Govt to launch Egypt-Saudi industrial zone for SMEs in Egypt
Egypt will propose setting up an industrial zone for Saudi small- and medium-sized companies in Egypt, Industrial Development Authority head…
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