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FINANCIAL NEWS
Egypt finances 47.000 SMEs with USD 3.14bn
03 Aug 2016
(MENAFN) Egypt almost financed 47.000 small and medium enterprises (SMEs) and some micro businesses with USD 3.14bn at the end of June this year.
Furthermore, the amount rejects the value of funds given for projects that increased to become similar to main firms.
However, the country rejected funds with value of USD 1.38bn into 18.000 projects in 2015/2016, with an increase rate of 71 percent.
On the other hand, SMEs are a key pillar for the country’s plan, which aims to offer more support to this activity and enlarge the size of its portfolio.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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