SME Definition

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Absolute Definition for Egypt SMEs

Manufacturing & Construction: Sales turnover not exceeding EGP 150 millions and full-time employees not exceeding 250 workers.


Services & Other Sectors: Sales turnover not exceeding EGP 120 millions and full-time employees not exceeding 200 workers.

SME Definition
Category
Manufacturing & Construction
Services & Other Sectors
Small
Sales turnover from EGP 1,000,000 to less than EGP 40 million AND full-time employees from 5 to 100.
Sales turnover from EGP 1,000,000 to less than EGP 30 million AND full-time employees from 5 to 80.
Medium
Sales turnover from EGP 40 million to not exceeding EGP 150 million AND full-time employees from 100 to not exceeding 250 .
Sales turnover from EGP 30 million to not exceeding EGP 120 million AND full-time employees from 80 to not exceeding 200 .
SME Definition

The SMEs: A High Potential Market

According to World Bank sources, there are more than 450,000 registered SMEs in Egypt.


The vast majority of them are located in Greater Cairo, Alexandria, and Delta.


Our objective is to reach +5% market share i.e. + 22,000 clients by end of 2020.


We adopt a balanced approach to that market i.e. promoting a full range of comprehensive products in risk management, corporate finance, asset management, accounting, legal, compliance, operations, development, investor relations, and information technology.

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About AbsoluteFA

Absolute Financial Group is a full-fledged boutique investment firm, founded in 2013. With a core focus on Small & Medium size Enterprises (SME), we envision growing and developing 100 small clients .


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