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New Administrative Capital Company, SMEDA sign MoU in field of small projects to establish permanent branch, exhibition of SMEDA in new capital

Niven Gamea, CEO of the Micro, Small, and Medium Enterprises Development Agency (SMEDA), and Yasser Al Baroudi, head of the Administrative Services Sector in the New Administrative Capital Company, signed a memorandum of understanding (MoU) to establish a branch of the SMEDA in the New Administrative Capital to provide all the financial and non-financial services …

Hossam Mounir

SMEDA’s microfinance balance reaches EGP 7.12bn

The microfinance balance at the Small and Medium Enterprise Development Authority (SMEDA), formerly the Social Fund for Development, is estimated to have reached EGP 7.12bn at the end of 2017 compared to EGP 4.48bn at the end of 2016, according to Nevine Badr El-Din, head of the central sector of microfinance at SMEDA. Badr El-Din …

Daily News Egypt

The fuel price hikes have recently led to traffic jams at nearby gas stations and scuffles with fuel consumers. (AFP\Photo)

SMEDA launches an EGP 100m-worth initiative to convert cars to natural gas

Small and Medium Enterprises Development Authority (SMEDA) signed two contracts worth EGP 15m on Wednesday with natural gas company Cargas to finance the project of converting cars to run on dual fuel, natural gas and gasoline, in addition to opening outlets for the engine oil sales. The first contract aims at converting 2000 cars to natural gas …

Hossam Mounir