46.9% of Egyptian children use mobile phones: CAPMAS
38 million users under 18, accounting for 40% of population in 2017
Global Lease, MSME sign EGP 20m contract to support SMEs
They aim to support at least 20 clients with a minimum of…
Vodafone, AlexBank aim to increase Vodafone Cash customers to 5 million by mid 2019
Vodafone negotiates with CBE to include companies in the service and raise…
CBE, MasterCard discuss pushing digital payments in Egypt
MasterCard cooperated with the Egyptian government in issuing 4.6m payroll cards for…
Egyptian-Russian company established for manufacture of machines, equipment for mills, silos, feed complexes
Military production companies will, in cooperation with the company, modernise silos, feed…
ABE, MSMEs Development Agency to sign agreement worth EGP 50m to finance women’s project within two weeks
Bank may offer funding scheme to contribute to establishing the first model…
Private business 61.9% of total non-governmental credit facilities granted by banks: CBE
Industry obtained 26.894% of total loans, letters of credit and guarantee, versus…
Unemployment fell slightly in Q3 2017
Unemployment settled at 11.9% in September from 11.98% in June and 12.6%…
Government, banking sector stress support for SMEs
NILEX is one of the most effective factors in financing these projects:…
EBRD provides 7 Egyptian banks $225m
Funding is reallocated for SMEs, women, green projects, and foreign trade