Tag Archives: SME

Hanan Mohamed – Egypt Today   At a press conference held on Wednesday, 15 January 2020, at the headquarters of the Small & Medium Enterprise Development Agency (MSME), an agreement worth €30 million was signed with KfW Bankengruppe and the European Union to finance MSMEs in Egypt. “The finance agreement is …

London – Times of Egypt:  Small and medium-sized enterprises (SMEs) in Egypt will benefit from a US$150 million financing facility package from the EBRD to the National Bank of Egypt (NBE); the country’s oldest and largest bank. A US$ 100 million loan will be provided to the NBE under the …

Sama Osama –Ahram Online   Amr Othman, assistant to the Egyptian minister of social solidarity and head of the Addiction Treatment and Abuse Fund, has granted a group of recovering drug addicts loans as part of the ‘New Beginning’ initiative, and spoke to Shorouk News about the efforts to treat …

Ahram Online Egyptian citizen Ahmed Osman has been elected as the president of the International Council for Small Businesses (ICSB), becoming the first ever Arab and Egyptian to be elected for the position. An inauguration ceremony was held in the United Nations headquarters in New York. The ICSB is one …

Egypt Today   Fitch Learning, part of Fitch Group, announced on Monday the launching its international Credit Academy and certification in Egypt for the first time locally in Partnership with The Business Development Centre (MASAR). The institution said in a statement that it takes pride in transferring its knowledge and …

Egypt Today   Ministry of Social Solidarity said it has given loans for citizens who have successfully recovered from drug addiction, estimated at £E 1.76 million, to help them establish small projects. Amr Othman, assistant solidarity minister, has granted checks of £E 160,000 for people who recovered from addiction to …

Egypt Independent   The World Bank (WB) approved a US$200 million project “Catalysing Entrepreneurship for Job Creation” aiming to increase the volume of loans granted for Small and Medium Enterprises (SMEs). Minister of Investment and International Cooperation Sahr Nasr said that the project would be established in cooperation with the …

As Egypt eyes greater financial inclusion amid its drive towards comprehensive national development, digital transformation is key to achieving those goals   Ahmed Kotb – Ahram Online As Egypt embarks on a journey to reach financial inclusion, digital transformation is the key to achieve that goal. Ahram Online spoke to …