EFG Hermes Leasing

Saudi Arabia signs EGP 125 mn-worth grants to support SMEs in Egypt

Saudi Arabia signs EGP 125 mn-worth agreements to support SMEs in Egypt: The Saudi Arabia Development Fund signed three agreements worth EGP 125 mn to provide funding to SMEs through local microfinance firms EFG Hermes Leasing, Global Lease and UI Finance, the Investment Ministry said in a statement. The first agreement entails granting EGP 75…