Tag: SMEs

CBE’s SME funding initiative met with doubt

The initiative conflicts with other government lending initiatives because of its low…

Shaimaa Al-Aees

AIB aims to increase SMEs loans portfolio to EGP 7bn by 2020

The volume of loans provided to SMEs amounted to EGP 1.5bn, equal…

Hossam Mounir

Intel launches initiative to provide technological solutions to students, SMEs

Technology increases small businesses' productivity by 10%, says Khalifa

Mohamed Alaa El-Din

Banks submit SME loan programmes to CBE

The CBE's January announcement mandated that banks must direct a minimum of…

Hossam Mounir

Banks granted EGP 1bn for youth-run SMEs with “Your Project” programme

Minister of Military Production Mohamed Al-Assar said the ministry plays a large…

Daily News Egypt

Export-Import Bank of the US plans an increase in funds allocated to Egypt

Egypt's share of bank's total $100bn portfolio does not exceed $250m

Nihal Mounir

153,410 SMEs registered in I-Score’s database until end of 2015

New definition of SMEs introduced by the CBE will have a positive…

Daily News Egypt

Audi Bank-Egypt EBRD sign $30 loan agreement to support SMEs in Egypt

The ERBD will use the loan to further its strategy in Egypt…

Hossam Mounir

NILEX lacks vision

Political, economic turmoil in last five years caused low turnout on NILEX

Daily News Egypt

13% of IDBE’s loans portfolio goes to SMEs: Chairman

The bank seeks to raise loans to SMEs to 20% by late…

Hossam Mounir