Egypt gets $300m interest-free loan
Egypt’s minister of industry, commerce and small and medium enterprises, Mounir Fakhry Abdel-Nour has said the World Bank has approved a $300m interest-free loan to fund Egyptian micro and small enterprises (MSEs). The Egyptian government plans to cooperate with the World Bank in building infrastructure for small and medium enterprises, particularly in the impoverished Upper Egyptian governorates, Abdel-Nour said during his meeting with a delegation from the World Bank.
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