Tag: MSMEs

Egyptian government, banking sector take strong action to support MSMEs

National Bank of Egypt receives $100m from European Investment Bank to support…

Hossam Mounir

Amazon Payment Services waives service fees for new MSMEs

Move comes in support of CBE initiative to encourage transition to digital…

Daily News Egypt

HSBC, Reefy sign EGP 150m revolving facility for Egyptian women-led MSMEs

Agreement supports CBE aim to raise microbusinesses, SME sector contribution to formal…

Hossam Mounir

Egypt keen to continue organising exhibitions for MSMEs

60% of project owners in current Bazaar exhibition are participating for first…

Daily News Egypt

Banks to inject EGP 117bn into MSMEs until 2022 end: CBE

Banks in Egypt required to increase financing to MSMEs to 25% of…

Hossam Mounir

New tax incentives encourage informal MSMEs to join formal economy: Finance Minister

No tax accounting for these projects for years prior to date of…

Daily News Egypt

Paynas, Visa, and Banque Misr partner to launch digital platform for MSMEs, contractors

The company announced that it partnered with Visa to issue a first…

Daily News Egypt

EBRD grants Banque du Caire $50m loan to support MSMEs

The loan will assist the Egyptian bank in developing its MSME lending…

Shaimaa Al-Aees

MSMEs make up 80% of African economy, employ 70% of total population: COMESA

Venkatasamy’s remarks came during the Financial Services Regulators Sub-regional Stakeholder Meeting that…

Daily News Egypt

SANAD, Banque du Caire strengthen partnership to support MSMEs in Egypt

NEW loan of $15m bolsters funding base for important economic pillars 

Daily News Egypt