The International Finance Corporation (IFC) and Attijariwafa Bank Egypt launched a $10 million local-currency risk-sharing facility to support financing for small and medium-sized enterprises (SMEs) and boost job creation.
Updated 11/5/2025 6:45:00 AMSuez Canal Bank and Oliv signed a credit facility agreement valued at EGP 30 million to support Egypt’s small and medium-sized enterprises (SMEs)
Updated 10/14/2025 10:13:00 AMAl Baraka Bank Egypt signed a three-year financing agreement with the Micro, Small, and Medium Enterprises Development Agency (MSMEDA) at a value of EGP 200 million
Updated 10/14/2025 2:32:00 AMEntlaq has launched its new platform “Arqam”, the first fully integrated Egyptian platform for data analytics and market intelligence
Updated 9/28/2025 1:39:00 AM
The Financial Regulatory Authority (FRA) reported that total financing granted by entities under its supervision reached EGP 640.1 billion at the end of June 2025.
Updated 8/14/2025 9:26:00 AMVisa, a global leader in payments, highlighted a growth in Egypt’s digital payments landscape, especially among small and medium-sized businesses (SMEs), according to a new report.
Updated 7/28/2025 1:30:00 AM
Egypt has allocated EGP 5 billion in the new budget to back small and medium-sized enterprises (SMEs), effective from July 1st, Finance Minister Ahmed Kouchouk announced.
Updated 7/13/2025 12:20:00 PMThe Micro, Small, and Medium Enterprise Development Agency (MSMEDA) signed a financing deal with Tadbiir for Leasing & Factoring at a value of EGP 80 million.
Updated 7/13/2025 8:20:00 AMPARAGON has officially launched WORK IN, a new administrative space within its PARAGON.3 project, the New Administrative Capital.
Updated 5/8/2025 5:03:00 PMThe Micro, Small, and Medium Enterprise Development Agency (MSMEDA) and Arab African International Bank (AAIB) signed a contract worth EGP 150 million to finance mircro, small-, and medium-sized enterprises (MSMEs).
Updated 5/8/2025 6:47:00 AM
Egyptian fintech Fawry has partnered with Microsoft to integrate Microsoft 365 into its Fawry Business services, aiming to support the digital transformation of small and medium-sized enterprises (SMEs) in Egypt.
Updated 5/4/2025 12:43:00 PMMastercard has joined forces with PayTabs Group to facilitate digital payment solutions for small and medium-sized enterprises (SMEs) in Egypt
Updated 4/7/2025 11:00:00 AMThe Ministry of Finance is mulling over additional incentives and financial support for the first 50,000 taxpayers who join the simplified tax system.
Updated 4/7/2025 7:33:00 AM
Fawry for Banking Technology and Electronic Payments announced its acquisition of 56% of Virtual CFO
Updated 2/24/2025 2:32:00 AM
Small and medium-sized businesses in Egypt are quickly adopting digital payments to improve efficiency and financial stability, according to the latest Mastercard SME Confidence Index.
Updated 2/20/2025 3:20:00 PM
Fawry for Banking Technology and Electronic Payment has launched ‘Fawry Business’ to facilitate business operations and enhance efficiency
Updated 2/13/2025 8:40:00 AM
GoDaddy has introduced GoDaddy Airo, an AI-powered tool designed to help small and medium-sized businesses (SMBs) in Egypt build a strong online presence quickly and easily.
Updated 1/29/2025 2:48:00 PM
oliv, a digital invoice financing company, has secured Egypt’s first digital factoring license from the Financial Regulatory Authority (FRA).
Updated 12/16/2024 8:28:00 AM