FRA highlights that in Q4 of 2023, there was a notable increase in various sectors, with leasing contracts, factoring, consumer finance, MSMEs, and mortgage financing experiencing significant growth.
Under the new provisions, establishments with a business turnover below EGP 250,000 will be subject to an annual tax of EGP 1,000
The AfDB outlined that this package consists of a $10 million line of credit with a 10-year tenor, a $90 million subordinated loan with a 10-year tenor, a $32 million trade finance line of credit with a 3.5-year tenor, and a $16 million trade finance line of credit from the Africa Growing Together Fund (AGTF) with a 3.5-year tenor.
CEO of the Information Technology Industry Development Agency (ITIDA), Eng. Ahmed Elzaher, participated in the ninth edition of Techne Summit 2023, highlighting the agency’s commitment and initiatives dedicated to supporting Egypt’s young startups
Visa and CIB join forces to empower women-led businesses in Egypt through the 'She's Next' initiative.
