CBE provides $120m to cover pharmaceutical product import requests
The CBE called banks to cover their customers' requests with the US…
Council to coordinate between CBE, Finance Ministry to legalise informal sector
Bylaws to govern the agricultural SEs to be issued within days
CIB targets to increase number of SME customers to 80,000 in 4 years
The bank finances these projects by providing EGP 50,000 to EGP 25m,…
Lack of financing hinders SMEs in Egypt
The lack of a unified body responsible for this sector is the…
Combating fraud: Visa working to ensure safe transactions for cardholders
Visa has analysed and risk scored more than 112bn transactions annually, says…
2.5m SMEs in Egypt providing 75% of jobs: EBI executive
We face great economic challenges and the solution lies in supporting these…
Beltone complains to EFSA about EGX for cancelling several transactions on its shares
The release stated that the chairperson of the Egyptian Exchange (EGX) had…
Some banks find it difficult to implement the CBE’s SME financing initiative due to lack of specialised staff, geographical spread
Doubts about the continuation of these projects in Egypt in wake of…
Training plays a major role for SMEs in Egypt: Egyptian Banking Institute executive
The institute is training bank employees and project owners, as well as…
SMEs acquire 7.5% of Emirates NBD Egypt’s loan portfolio
Guaranteeing loans for micro-enterprises via Credit Guarantee Company will encourage banks to…