The government should provide interest-free loans to small farmers to support the agriculture sector through the covid-19 pandemic, an MP has proposed, according to Al Mal. MP Mahmoud Adel Shaalan, who is also a member of the House Agriculture Committee, called on Prime Minister Moustafa Madbouly and several cabinet ministers to do more to support the sector, which is under pressure from weak sales and high fuel prices.
More from Enterprise
EBRD, IFC sign on to Banque du Caire’s upsized IPO
The state’s biggest sale in years has grown to 45%…
Inside the financing of Egypt’s IPP boom
The contracts and the resources are proven, so the open…
FRA issues model short-selling contract, with launch weeks away
Contract wording is settled; the launch now waits on the…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…