SMEs and Access to Finance

What are SMEs? It has been a debate among businessmen and policymakers to get a specific definition of SMEs.┬áIt depends on: number of employees, size of invested capital and fixed capital, hence they have many different classifications. SMEs and Economic Development Although we could not reach a solid conclusion of their definition, we absolutely cannot deny their role in the […]

Egypt’s Business-Driven Economy

Egypt’s economy today is arguably sitting on a pivot, with all the positive attributes of a pivotal situation. More International Monetary Fund (IMF) loans are being facilitated than ever in volume and in number. Subsidy is being lifted month after month. Higher taxes are being raised. On one front, these reforms squeeze the struggling individuals in the economy, and on […]