The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has pumped EGP 17.4 billion in funding into women's projects during the period from July 2014 to December 2024.
Updated 3/9/2025 8:16:00 AMJuhayna Food Industries Company signed a financing agreement exceeding EGP 1 billion with Emirates NBD-Egypt
Updated 2/25/2025 7:36:00 AMMadinet Masr has secured a medium-term revolving syndicated financing worth EGP 9 billion from seven lenders
Updated 12/25/2024 12:33:00 PM
The Egyptian government is considering the launch of a new initiative to support the tourism sector, with financings to be directed to new hotel establishments.
Updated 12/18/2024 11:46:00 AM
Egypt's non-banking financial sector recorded a total financing of EGP 646.6 billion during the first nine months of 2024.
Updated 12/3/2024 3:15:00 AM
Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has reported a 27.5% year-on-year (yoY) increase in funding provided to micro, small- and medium-sized enterprises (MSMEs) from January to October.
Updated 12/2/2024 2:03:00 AM
The European Bank for Reconstruction and Development (EBRD) has announced $21.3 million in development financing for Egypt's Red Sea Wind Energy firm to expand the wind power plant in the Gulf of Suez.
Updated 11/21/2024 3:57:00 AM
The board of directors of Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) has approved to receive a seven-year subordinated financing of $66.925 million from the UAE’s ADIB.
Updated 11/10/2024 10:08:00 AM
The total financing granted by entities under the supervision of the Financial Regulatory Authority (FRA) reached EGP 51.5 billion by the end of August 2024.
Updated 11/7/2024 3:09:00 AMFirst Abu Dhabi Bank Misr (FABMISR) has led a banking alliance in the signing of a syndicated loan facility worth EGP 4.4 billion for Saudi Egyptian Developers (SED).
Updated 10/31/2024 3:05:00 PM
ALEXBANK, a bank of the Intesa Sanpaolo Group, has signed a memorandum of understanding (MoU) with Cassa Depositi e Prestiti (CDP) to support the agrifood sector in Egypt.
Updated 10/27/2024 3:10:00 PM
Kredit, a subsidiary of GB Capital Group, has obtained EGP 100 million in financing from Banque du Caire to bolster the growth of small and medium enterprises (SMEs) in Egypt
Updated 10/13/2024 11:12:00 AM
The Egyptian government is seeking to increase the volume and amount of multilateral concessional financing secured from development banks, international institutions, and bilateral partners.
Updated 10/13/2024 9:03:00 AM
A European technical mission is currently visiting Cairo to conduct a review in preparation for the release of a $2.9 billion development funding.
Updated 10/3/2024 2:10:00 AM
The CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA) Basil Rahmy has signed a $3 million financing contract with Enmaa Finance Company to provide financial support to medium and small enterprises engaged in export activities, as per a statement.
Updated 9/4/2024 1:47:00 AM
The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has signed a financing agreement worth EGP 100 million with AMAN Holding.
Updated 8/21/2024 3:22:00 AM
Micro, Small and Medium Enterprises Development Agency (MSMEDA) has injected around EGP 28 billion in financing into projects run by the Egyptian youth from July 2014 to June 2024.
Updated 8/12/2024 12:57:00 PM
Credit Agricole Egypt’s board has approved sealing a $20 million loan agreement with the European Bank for Reconstruction and Development (EBRD) to boost green investments in Egypt.
Updated 8/1/2024 2:30:00 AM
Banque Misr has signed a credit facility agreement worth EGP 500 million with Tanmeyah, a subsidiary of EFG Holding, to support small and micro enterprises in Egypt, as per an emailed press release.
Updated 7/25/2024 10:59:00 AM