Archive News
A New MOU Between SFD , Ministry of Housing and HD Bank
A New MOU Between SFD , Ministry of Housing and HD Bank
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19-08
2015
Suez Canal Development Project
Managing Director: Suez Canal Development Project: unprecedented achievement for the Egyptian people. All forms of SFD Support for this national project SFD Managing Director Ms. Soha Soliman said the inauguration of the new Suez Canal will be a witness not only to the great achievements attained by the Egyptian people in a record time, but also to the beginning of a new era of...
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06-08
2015
SFD and the Aluminum Industry Cooperative Association sign a new protocol
SFD and the Aluminum Industry Cooperative Association sign a new protocol
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15-07
2015
SFD Signs Cooperation Protocol with Pirelli Egypt
SFD and Pirelli Egypt undertake a protocol to support 30 distribution outlets
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13-07
2015
MOU between SFD and Industrial Council for Technology and Innovation
Minister of Trade and Industry Mr. Mounir Fakhry Abdel Nour and SFD Managing Director Ms. Soha Soliman witnessed a memorandum of understanding (MoU) signed between SFD and Industrial Council for Technology and Innovation to provide a bundle of financial and non-financial services for small enterprises.
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09-07
2015
100 Million Pounds to Finance Renewing Old Public Service vehicles
Minister of Solidarity and the Chairman of Nasser Bank Ms. Ghada Waly and SFD Managing Director Soha Soliman signed a new contact to finance the substitution of 1000 old public service vehicles in service for 30 years for new ones already converted into the usage of natural gas within the implementation of the National Project for renewing old public service vehicles.
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06-07
2015
SFD and Ministry of Environment sign a New Protocol
SFD and Ministry of Environment sign a New Protocol
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22-06
2015
10 Km of Rural Roads to be Paved in Luxor
Managing Director Ms. Soha Soliman and Luxor Governor Mr. Mohamed Badr signed a contract for paving rural roads in the governorate. According to the contract, financed at EGP 9 million through the Emergency Labor- Intensive Investment Project, 10 km of rural roads in Luxor will be paved and 37000 man/days will be created in addition to the jobs to be generated through project management and...
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10-06
2015
World Bank Satisfied with Impact of SFD Enterprises in Luxor
World Bank President Dr. Jim Yong Kim has visited Luxor to inspect a number of financed enterprises, including the youth center in Nuba renovated by SFD through EGP 112.5 thousand World Bank grant. Dr. Kim has also visited the exhibition SFD organized for products of micro enterprises and partner NGOs in the governorate. During his visit, World Bank President has talked with a group of...
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10-06
2015
9 Million Pounds for Pavement of Rural Roads in Luxor
SFD Managing Director Ms. Soha Soliman and Luxor Governor Mr. Mohamed Badr signed a new contract to finance a project to pave rural roads in Luxor at a value of 9 million EGP, to be earmarked through the Emergency Labor–Intensive Investment Project (ELIIP) funded by the World Bank and European Union. The project covers the pavement of 10 km of rural roads serving a number of villages in Luxor...
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10-06
2015
Ministry of Supply & SFD Inaugurate "Ramadan" Exhibition
Minister of Supply Dr. Khaled Hanafy and SFD Managing Director Ms. Soha Soliman opened "Ramadan Exhibition " taking place at the SFD Hall in Nasr City till 17th of June 2015. Collections of products of SFD sponsored small enterprises; those of Ministry of Supply sub companies and the Holding Company for Food Industries are on offer. Through these specialized exhibitions, SFD aims at...
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08-06
2015
SFD and FECOC Sign a New Protocol
SFD Managing Director, Ms. Soha Soliman and President of the Federation of Egyptian Chambers of Commerce Mr. Ahmed El the Wakeel signed a new protocol to support small, medium and micro enterprises
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07-06
2015
5.5 Million Pounds for Development Projects in Damietta and Dakahlia
SFD Managing Director Ms. Soha Soliman visited Damietta and Dakahlia to discuss means of enforcing cooperation between SFD and the two governorates.
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04-06
2015
65 Million Pounds to Rehabilitate Schools in 3 Governorates
Minister of Education Dr. Moheb El Rafai and SFD Managing Director Ms. Soha Soliman signed 3 new contracts on rehabilitating 108 school in Giza, Qalubia and Beheria governorates at a value of 65 million EGP, to be earmarked through the Emergency Labor–Intensive Investment Project (ELIIP) funded by the World Bank.
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03-06
2015
SFD and Karjas Company sign a contract to convert cars to natural gas
SFD and Karjas Company sign a contract to convert cars to natural gas
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31-05
2015
World Bank and SFD Launch Venture Capital Program in Egypt
Lead Financial Economist of the World Bank’s Finance and Private Sector Development Department of the Middle East and North Africa Dr. Sahar Nasr and SFD Managing Director Ms. Soha Soliman attended the ceremony of the official launching of the World Bank and SFD venture capital program in Egypt. The program, previously announced during Egypt Economic Support Conference organized in Sharm El...
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28-05
2015
Prime Minister’s Decree to Boost OSS Services
Prime Minister Engineer Ibrahim Mahlab has issued a decree stipulating that all services related to the establishment and licensing of small and micro enterprises shall be presented through the one-stop-shop units (OSS) affiliated to the SFD and its regional offices in all Egypt’s governorates and the new urban communities as well. Subject to this decree, ministers and heads of engaged...
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03-05
2015
80 Million EGP for Small Enterprises
SFD Managing Director Ms. Soha Soliman, Chairman of Arab Investment Bank of Egypt (AIBK) Mr. Hany Seif El Nasr and World Bank Lead Financial Economist, Middle East & North Africa Ms. Sahr Nasr attended the ceremony of signing two new contracts between SFD and the AIBk totaling 80 million EGP funded through the World Bank. SFD Head of the Central Sector of Small Enterprise Finance Ms....
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29-04
2015
Piraeus Egypt for Financial Lease
SFD Managing Director Ms. Soha Soliman and World Bank Lead Financial Economist, Middle East & North Africa Ms. Sahr Nasr attended the ceremony of signing a new contract between SFD and Piraeus Egypt for Financial Lease to develop small enterprises .
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29-04
2015
Renewing old public service vehicles in Cairo
SFD participated in the ceremony held by Egypt Governorate and Ministry of Environment to distribute 25 vehicles within the implementation of the National Project for renewing old public service vehicles in Cairo. According to phase one of the project , 250 old vehicles in service for more than 30 years will be substituted for new ones already converted into the usage of natural gas. SFD finances...
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27-04
2015
New Women Entrepreneur Signs Business Development Contract
Head of the SFD Central Sector of Non-Financial Services Dr. Hatem Zaky and National Program Manager of Small Business Support at the European Bank for Reconstruction and Development (EBRD) Ms. Reem Al Saady witnessed the signing of a new business development service contract between the beneficiary Tahya Ahmed Motawea and EBRD. The contract is concluded within the framework of the...
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23-04
2015
SFD Products Displayed at Dyarna Exhibition 2015
SFD participated in the 53th round of Dyarna exhibition 2015 organized by Ministry of Social Solidarity and held at the SFD Hall in Nasr City. Minister of Social Solidarity Ms. Ghada Waly inaugurated the exhibition in the presence of Head of the SFD Central Microfinance Sector Dr. Amany Youssef. The exhibition displayed an assortment of products of SFD beneficiaries, sponsored NGOs and productive...
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01-04
2015
Promoting Entrepreneurship among Young Engineers
SFD signed a cooperation agreement with the Egyptian Engineers Syndicate. Managing Director Ms. Soha Soliman said SFD, according to this agreement, will promote entrepreneurship among young engineers, adopt their innovative ideas and endeavor to transform them into feasible enterprises. She added SFD will assist in marketing products of such enterprises and emphasized that a bundle of...
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30-03
2015
Boosting Cooperation with ILO
Managing Director Ms. Soha Soliman signed three memoranda of understanding with Director of ILO Cairo Office Mr. Peter Van Rooij to stimulate women entrepreneurship in Egypt. The first memorandum aims at implementing three programs in Cairo, Menya, Assuit and Sohag to train 45 trainers; 4 others will also be given by the trainers – already accredited by ILO - to target 100 women-owned micro...
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26-03
2015
Managing Director Meets with Beheira Governor
SFD Managing Director Ms. Soha Soliman discussed with Beheira Governor Dr. Mohamed Soltan means of consolidating cooperation and formulating a general framework for micro and small enterprise development strategy to assist start-up and/or existing entrepreneurs. This came during the visit made by the Managing Director to Beheira to evaluate a number of SFD sponsored industrial and commercial...
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22-03
2015
NEW CONTRACTS TO FINANCE SOCIAL SERVICES IN LUXOR GOVERNORATE
Managing Director Ms. Soha Soliman witnessed the signing of an agreement between SFD , Luxor Governorate and 4 NGOS
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05-03
2015
Managing Director Signs Labor-Intensive Project with South Sinai Governor
Managing Director Ms. Soha Soliman and South Sinai Governor General Khaled Fouda signed a project contract for extending potable water networks in Abu Zanima City in South Sinai governorate. Total project cost reaches 330,000 EGP of which 300,000 EGP are financed by SFD while the remaining amount is contributed by the governorate. South Sinai Governor said the project will extend potable...
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02-03
2015
EBRD and SFD support women entrepreneurs in Egypt
The European Bank for Reconstruction and Development (EBRD) and the Social Fund for Development (SFD) organised a "Supporting Women in Business" forum to address and tackle the challenges that women entrepreneurs face in Egypt. The EBRD, in close collaboration with the SFD, launched the "Women in Business" programme in Egypt in 2013, a comprehensive programme designed to promote women’s...
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26-02
2015
SFD and Association of Young Businessmen Sign a Memorandum of Understanding
Mrs. Soha Soiman Managing Director of the Social Fund for Development AND Mr. Hossam Farid President of the Association of Young Businessmen signed a memorandum of understanding
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26-02
2015
50 Million EGP for Industrial Enterprises
SFD Managing Director Ms. Soha Soliman and Chairman of Industrial Development and Workers Bank of Egypt (IDWBE) Mr. Al Said Al Kosair attended the ceremony of signing two new contracts between SFD and the Bank totaling 50 million EGP funded through l’Agence Française de Développement (AFD). SFD Head of the Central Sector of Small Enterprise Finance Ms. Neveine Gamea and IDWBE Board Member Mr....
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17-02
2015
Employing the Youth in health initiatives in Partnership with the World Bank and EU
Managing Director Ms. Soha Soliman and Minister of Health and population Dr. Adel Adawy inaugurated the Seminar co-organized by the SFD Central Sector for Human and Community Development in conjunction with the Communication Sector on the Project: "Youth Employment in Mother and Child Health Care Initiatives" in the presence of Head of Social Programs, the Middle East and North Africa, the World...
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12-02
2015
Furnex Egypt 2015
Minister of Trade, Industry, Small and Medium Enterprises and SFD Supervisor Mr. Mounir Fakhry Abdul Nour and Minister of Social Solidarity Ms. Ghada Waly inaugurated the 9th round of Egypt’s International Furniture and Furnishings Trade Fair "Furnex Egypt 2015" held at the Cairo International Convention Center. Head of the SFD Central Sector of Non-Financial Services Dr. Raafat Abbas attended the...
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05-02
2015
SFD signs new project under the "One Village One Product" initiative
SFD organized a conference and Exhibition on "Micro, Small and Medium Enterprises at Times of Transition: Development Models for Better Future" in collaboration with Ministry of International Cooperation, the Canadian Embassy in Cairo and El Mobadara. The conference tackled the accomplishments of the Egypt Enterprise Development Project (EEDP) funded by the Canadian Department of Foreign Affairs,...
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29-01
2015
SFD Holds National Franchise Expo 2014 in cooperation with EJB
In order to implement Country directives for the support and development of the small enterprise sector and encourage youth to have their own business, and the contribution of the SFD in the development of this sector in Egypt through the use of the developed tools. Mrs. Soha Soliman Secretary-General of the Social Fund for Development Conference inaugurates The Franchise Expo Exhibition  for...
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22-11
2014
Soha Soliman: More than 1900 Small Enterprises to be Established
To forge more partnerships with the National Bank of Egypt (NBE), SFD Managing Director Ms. Soha Soliman and Senior Deputy Chairman of NBE Mr. Mahmoud Montaser signed a new contract to develop start-up and existing small enterprises in all the governorates of Egypt. The contract, funded at 250 million EGP under the World Bank’s Promoting Innovation for Inclusive Financial Access...
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11-11
2014
Social Fund for Development and Visa International Service Association Sign a Cooperation Protocol
SFD Managing Director Ms. Soha Soliman and Visa General Manager for Middle East and North Africa Mr. Ihab Ayoub signed a cooperation protocol to provide financial and non financial services to support small and micro enterprises
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11-11
2014
Soha Soliman Appointed SFD Managing Director
Prime Minister Engineer Ibrahim Mahlab issued a decree appointing Ms. Soha Soliman Managing Director of SFD. Ms. Soliman placed great emphasis on the importance of the SMEs sector that represents the largest stratum in the structure of the Egyptian economy and accounts for not less than 75% of direct labor. She pointed out to the efforts exerted by the Egyptian government through the...
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05-11
2014