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SFD signs EGP 50m agreement with Industrial Development Bank

Director-general of the Social Development Fund (SFD) Soha Soliman has signed two agreements with the Industrial Development Bank to develop small- and medium-sized enterprises (SMEs) in Egypt. The value of the agreements, which were signed on 17 February, is EGP 50m, funded by the French Agency for Development (AFD). SFD said that the agreements come …

Daily News Egypt

SMEs priority for finance ministry

Dimian revealed a study conducted by the government to set out a system of integrated incentives to bring about a “renaissance” for SMEs in coordination with the Ministry of Trade, the Social Fund for Development, and the Central Bank of Egypt.

Mohamed Ayyad

Government keen on supporting industry complexes, SMEs: Trade minister

The government is keen on giving a boost to all industry complexes nationwide as they involve many small and medium-sized enterprises (SMEs) that represent the larger slice of the Egyptian economy, Minister of Trade, Industry, and Small and Medium-sized Enterprises Mounir Fakhry Abdel Nour said. The minister said that his ministry has an ambitious plan …

Daily News Egypt