{"id":600201,"date":"2019-01-22T04:13:24","date_gmt":"2019-01-22T04:13:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/22\/egypt-pm-to-chair-sme-development-authority\/"},"modified":"2019-01-22T04:13:24","modified_gmt":"2019-01-22T04:13:24","slug":"egypt-pm-to-chair-sme-development-authority","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/22\/egypt-pm-to-chair-sme-development-authority\/","title":{"rendered":"Egypt PM to chair SME Development Authority"},"content":{"rendered":"<p><b>MOVES- Prime minister to chair SME Development Authority:<\/b> Prime Minister Moustafa Madbouly named himself as the chairman of the SME Development Authority for four years as part of a newly constituted board, <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/-%D9%82%D8%B1%D8%A7%D8%B1%D8%A7%D9%8B-%D8%A8%D8%AA%D8%B4%D9%83%D9%8A%D9%84-%D9%85%D8%AC%D9%84%D8%B3-%D8%A5%D8%AF%D8%A7%D8%B1%D8%A9-%D8%AC%D9%87%D8%A7%D8%B2-%D8%AA%D9%86%D9%85%D9%8A%D8%A9-%D8%A7%D9%84%D9%85%D8%B4%D8%B1%D9%88%D8%B9%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D8%AA%D9%88%D8%B3%D8%B7%D8%A9-%D9%88%D8%A7%D9%84%D8%B5%D8%BA%D9%8A%D8%B1%D8%A9-%D9%88%D9%85%D8%AA%D9%86%D8%A7%D9%87%D9%8A%D8%A9-%D8%A7%D9%84%D8%B5%D8%BA%D8%B1.aspx\">the cabinet said in a statement<\/a>. The new board includes the ministers of finance, investment and planning among others.<\/p>\n<p><b>On a related note: <\/b>Madbouly issued a decree that allows SME financing associations and NGOs with a loan portfolio of more than EGP 50 mn to open accounts at any number of banks without a limit, <a href=\"https:\/\/www.almalnews.com\/Story\/407836\/12\/%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1-%D9%8A%D8%B3%D9%85%D8%AD-%D9%84%D8%AC%D9%85%D8%B9%D9%8A%D8%A7%D8%AA-%C2%AB%D9%85%D8%AA%D9%86%D8%A7%D9%87%D9%89-%D8%A7%D9%84%D8%B5%D8%BA%D8%B1%C2%BB-%D8%A8%D9%81%D8%AA%D8%AD-%D8%AD%D8%B3%D8%A7%D8%A8%D8%A7%D8%AA-%D9%84%D8%AF%D9%89-%D8%A7%D9%84%D8%A8%D9%86%D9%88%D9%83\">Al Mal reports<\/a>. Existing law states that these associations can open accounts at a maximum of five banks, according to the newspaper.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MOVES- Prime minister to chair SME Development Authority: Prime Minister Moustafa Madbouly named himself as the chairman of the SME Development Authority for four years as part of a newly constituted board, the cabinet said in a statement. The new board includes the ministers of finance, investment and planning among others. On a related note: [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,281,991,287,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600201","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-moustafa-madbouly","tag-sme-development-authority","tag-smes","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"e44c9cb1-8763-4bf4-aab8-dbcaac7b3656","is_powered_by":true,"section_story_id":"bc9979fd-e0a7-464a-b882-af3347802b55","story_type":"1","photo_url":"","photo_position":"above","related_issue":[600188],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt PM to chair SME Development Authority - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/22\/egypt-pm-to-chair-sme-development-authority\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt PM to chair SME Development Authority\" \/>\n<meta property=\"og:description\" content=\"MOVES- Prime minister to chair SME Development Authority: Prime Minister Moustafa Madbouly named himself as the chairman of the SME Development Authority for four years as part of a newly constituted board, the cabinet said in a statement. The new board includes the ministers of finance, investment and planning among others. On a related note: [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/22\/egypt-pm-to-chair-sme-development-authority\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-22T04:13:24+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/22\/egypt-pm-to-chair-sme-development-authority\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/22\/egypt-pm-to-chair-sme-development-authority\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt PM to chair SME Development Authority\",\"datePublished\":\"2019-01-22T04:13:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/22\/egypt-pm-to-chair-sme-development-authority\/\"},\"wordCount\":115,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Moustafa Madbouly\",\"SME Development Authority\",\"SMEs\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/22\/egypt-pm-to-chair-sme-development-authority\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/22\/egypt-pm-to-chair-sme-development-authority\/\",\"name\":\"Egypt PM to chair SME Development Authority - 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The board will be mandated with developing and approving the authority\u2019s policies, and will also cooperate and coordinate with independent regulatory bodies, such as the CBE and\u2026","rel":"","context":"In &quot;Egypt Politics + Economics&quot;","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":649222,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/prime-minister-establishes-sme-development-authority\/","url_meta":{"origin":600201,"position":1},"title":"Prime Minister establishes SME Development Authority","author":"enterpriseam admin","date":"26 April 2017","format":false,"excerpt":"Goodbye, Social Fund for Development. Hello, SME Development Authority:Prime Minister Sherif Ismail has signed off on the establishment of a small- and medium-sized company development authority under the auspices of the Trade and Industry Ministry as a replacement for the Social Fund for Development. 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