Latest in Tag: MSMEs Highlight

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Latest in Tag: MSMEs

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Government discusses launching integrated database for MSMEs

Nevine Gamea, Minister of Trade and Industry and Executive Director of the Micro, Small, and Medium Enterprises Development Agency (MSMEDA), has met with Mahmoud Shaarawy, Minister of Local Development, to discuss preparing a comprehensive database for the MSMEs sector. Gamea explained, during the meeting, that cooperation mechanisms between MSMEDA and the Ministry of Local Development …

Hossam Mounir

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Parliament approves MSMEs Law

The law also put in place flexible, new and updated mechanisms to facilitate the provision of financing for these projects and expand the provision of financial and non-financial incentives for the, as well as the development of simplified and flexible systems for permanent tax treatment.

Hossam Mounir

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$10m loan to finance MSMEs from SANAD in partnership with Banque du Caire

The SANAD Fund for MSMEs (SANAD) announced, in a press statement on Monday, that it will finance a $10m senior loan to Egypt’s Banque du Caire to support the expansion of the bank’s lending operations for micro, small, and medium enterprises (MSMEs). Banque du Caire, which is Egypt’s sixth largest bank, with its status as …

Mohamed Samir