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The Industrial Development Bank (IDB) has signed a EGP 50 mn agreement with microfinance company Tamweely to provide financing for low-income projects and micro-SMEs, IDB Chairman Maged Fahmy announced. The funding is expected to support 8,000 clients across Egypt.
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Plus: Incolease taps securitization market with debut EGP 2 bn…
Newly listed companies will receive a 30% reduction on payable…
💸 Eid traditions in Egypt (and the region) have held…
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