KSA to give EGP 200 mn grant to five Egyptian MSMEs: Saudi Arabia will provide EGP 200 mn to finance five new micro, small, and medium enterprises in Egypt, International Cooperation Minister Rania Al Mashat said yesterday. The Agricultural Bank of Egypt will receive EGP 100 mn to finance a rural development project, livestock supply chains, and dairy factories. A healthcare support program by Contact Financial Leasing and a SME logistics support program by UE Finance will receive EGP 50 mn each.

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