AAIB, IFC, EBRD, and BII launch $500m sustainability bond to advance climate finance, support MSMEs
The Arab African International Bank (AAIB) has issued a $500m sustainability bond,…
IFC provides $150m loan to CIB to support MSMEs in Egypt
The International Finance Corporation (IFC) has announced a $150m financing package for…
ETA chief highlights new tax facilities, community engagement
Rasha Abdel Aal, Chairperson of the Egyptian Tax Authority (ETA), emphasized the…
FRA-supervised entities offer EGP 51.5bn finance until August 2024
The Financial Regulatory Authority (FRA) has revealed that the organizations subject to…
ABE injects EGP 39.8bn into small, micro-enterprises in September
The Agricultural Bank of Egypt (ABE) concluded the third quarter of this…
FRA, Youth Ministry sign protocol to ensure optimal use of funding for MSMEs
The Financial Regulatory Authority (FRA) has signed a cooperation protocol with the…
Local Development Ministry, MSMEDA collaborate to expand support for small enterprises
Minister of Local Development, Manal Awad, and CEO of the Micro, Small,…
FRA reveals size of non-banking financing in July 2024
The Financial Regulatory Authority (FRA) has disclosed the total volume of non-banking…
Non-banking finance for MSMEs increases to EGP 64.421bn in May 2024: FRA
The total non-banking financial credit extended to medium, small, and micro-enterprises (MSMEs)…
EGP 19.5bn annual increase in non-banking finance for MSMEs during April 2024: FRA
Non-banking finance reaches EGP 63.1bn in April 2024