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Business
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Economy
12/15/2022 5:00:00 PM
The Central Bank of Egypt (CBE) extended on Thursday for one year - from 31 December 2022 to the end of December 2023 - the deadline for banks that have not yet increased their credit facilities portfolio to companies and micro, small and medium-sized enterprises (SMEs) to 25 percent.
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Al-Ahram Weekly
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Economy
9/26/2022 12:54:00 PM
More and more women are being trained to start their own businesses in Egypt.
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Al-Ahram Weekly
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Egypt
8/23/2022 8:49:00 PM
New industrial complexes are to be established in Upper Egypt amid efforts to support Egypt’s small and medium-sized businesses.
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Business
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Economy
8/7/2022 6:17:48 PM
Egyptian Environment Minister Yasmine Fouad signed a cooperation agreement with the European Union (EU) to obtain a grant of 4 million euros within the framework of joint and continuous cooperation between the ministry and the EU in the field of environmental protection and in support of the Egyptian industry ahead of UN Climate Change Conference (COP27).
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Business
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Economy
7/12/2022 3:50:57 PM
Minister of Finance Mohamed Maait assured that the government has allocated EGP 1.1 billion in the new budget to establish utilities for 13 industrial complexes in several governorates with the aim of providing a stimulating infrastructure for the owners of small, medium, and micro enterprises (SMEs).
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Business
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Markets & Companies
5/12/2022 2:31:19 PM
Over the past five years, Egypt has witnessed a boom in the fintech sector, with venture capital investments rising to $159 million with 32 deals concluded in 2021, up from only $1 million raised in 2017 from three fintech deals, according to the Central Bank of Egypt’s (CBE) recent fintech report.
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Business
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Tech
4/17/2022 5:12:23 PM
About 73 percent of all of the government’s contracts were signed with micro- and small-sized businesses over the past 41 months, which reflects the support the state attaches to them in terms of maximising their production capacities, Minister of Finance Mohamed Maait said on Saturday.
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Business
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Economy
4/3/2022 11:56:58 PM
Prime Minister Mostafa Madbouly said on Sunday that the government gives top priority to industrial development by facilitating all the measures necessary for creating more industrial investments in various domains.
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Business
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Markets & Companies
3/22/2022 2:46:24 PM
The International Finance Corporation (IFC) — a member of the World Bank Group — along with African and European partners launched on Tuesday the Alliance for Entrepreneurship in Africa (AforE).
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Business
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Economy
12/14/2021 7:02:46 PM
The Central Bank of Egypt (CBE) has approved an incentive package to support small and medium-sized enterprises (SMEs) against the economic impacts of the COVID-19 pandemic, the CBE announced on Tuesday.
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Business
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Markets & Companies
12/14/2021 3:10:13 PM
HSBC Bank has launched a new fund called 'Forsa Fund' worth EGP 3 billion to support small and medium enterprises (SMEs) in Egypt, especially in the industrial and service sectors, the bank announced on Tuesday.
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Business
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Markets & Companies
12/9/2021 2:51:00 PM
The US plans to help Egypt’s small and medium-sized enterprises (SMEs) increase exports by $225 million over the next five years by supporting trade associations and streamlining customs processes, US Ambassador to Egypt Jonathan R. Cohen announced on Thursday.
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Al-Ahram Weekly
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Egypt
10/28/2021 12:48:00 PM
European Bank for Reconstruction and Development Vice President for Banking Alain Pilloux explains the bank’s new country strategy for Egypt to Al-Ahram Weekly.
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Business
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Economy
8/19/2021 5:38:10 PM
Mastercard has pledged $250 million and committed to connect 50 million micro, small, and medium-sized businesses globally to the digital economy by 2025 using its technology, network, expertise, and resources
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Business
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Economy
8/16/2021 8:50:09 PM
The cooperation portfolio between the EBRD and QNB ALAHLI includes various projects worth more than $720 million cumulatively, with a special focus on SMEs, women-led businesses, and green financing
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Al-Ahram Weekly
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Special
7/3/2021 10:23:00 AM
Localisation and specialisation have become keywords for the development of Egypt’s industrial sector
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Business
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Economy
6/15/2021 5:27:59 PM
Gamal Abu Ali, the EJB’s Chairman, said that the association’s members see good investment opportunities in Africa to be tapped, through which start-ups and SMEs can play a major role
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Business
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Economy
6/6/2021 1:35:00 PM
Under the finance, NBE will on-lend the funds to SMEs operating in the sectors of industry, commerce and agriculture to help improve the use of energy, water and land resources
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Al-Ahram Weekly
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Egypt
5/3/2021 2:34:00 PM
Several local and international initiatives are empowering Egyptian women to run their own small and medium-sized enterprises
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Al-Ahram Weekly
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Economy
4/24/2021 12:56:00 PM
International donor agencies are helping small and medium-sized enterprises in Egypt to alleviate poverty and reduce unemployment
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