Egypt’s Central Bank chief meets IMF head at COP28: Loan boost expected
Central Bank of Egypt Governor Hassan Abdalla and International Monetary Fund (IMF) Managing Director Kristalina Georgieva met on the sidelines of COP28, reaffirming their commitment to economic stability and private…
Moharram & Partners announces new CEO for Africa, MENA regions
Moharram & Partners, a frontrunner in public policies and strategic communication, has recently declared the appointment of Hala Abdel Wadood as the new CEO for the Africa and MENA regions.…
Madinaty hosts ‘Forever Is Now’ exhibition
Madinaty’s Open Air Mall is currently the venue for the “Forever Is Now 03” art exhibition, the third installment of the international series organized by “Art D'Égypte”. This event, held…
Reefy’s revenues surpass EGP 1bn mark in 9M 2023
Reefy Microfinance, a subsidiary of CI Capital Holding Group, announced that its revenues reached EGP 1.02bn in the first nine months of 2023, up from EGP 680m in the same…
IFC provides $50m Murabaha finance to Al Baraka Bank to support SMEs, women entrepreneurs in Egypt
The International Finance Corporation (IFC) announced on Monday a partnership with Al Baraka Bank Egypt to increase access to finance for micro-, small- and medium-sized enterprises (MSMEs) in Egypt, including…
NTRA launches initiatives for persons with disabilities
The National Telecom Regulatory Authority of Egypt (NTRA) has affirmed its commitment to empowering persons with disabilities to use modern technologies that make their lives easier and increase their productivity.…
MSMEDA updates its strategic work plan for the coming years: Rahmi
Basil Rahmi, the CEO of the Micro, Small and Medium Enterprises Development Agency (MSMEDA), said that President Abdel Fattah Al-Sisi’s directives reflect his interest in development endeavors and providing all…
State supports SMEs, provides all services for their growth: Prime Minister
Prime Minister Mostafa Madbouly has said that the Egyptian state is keen on supporting small, medium, and micro enterprises (SMEs), encouraging entrepreneurship, and providing all the necessary services for their…
MSMEDA finances 1.9 million small, micro-projects with EGP 48.3bn in President Al-Sisi’s tenure
The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has increased its performance significantly since President Abdel Fattah Al-Sisi took office in July 2014, according to its CEO Bassel Rahmi.…
Egypt rejects displacement of Palestinians: Cairo ambassador to Brussels
Egypt adopts comprehensive approach to deal with illegal migration, says Abdel Aty