Egypt, Saudi Arabia launch website for financing MSMEs
Published 29 Jun,2021 via Daily News Egypt - New website is part of International Cooperation Ministry’s Global Partnerships Narrative, aims to introduce Saudi support to MSMEs, says Minister Rania Al-Mashat
The Egyptian-Saudi Joint Committee for the development of Micro, Small and Medium-sized Enterprises (MSMEs) has launched a website to present its efforts in financing Egypt’s MSMEs.
These efforts have been supported by Saudi Arabia’s $200m grant dedicated to support Egypt’s efforts to close the gap between financial institutions and MSMEs. The grant also aims to facilitate their access to finance through financial intermediaries.
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