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AME Info - Economy and Finance News

Daily, Dubai
Real estate related economic and financial news covering the MENA region.
 

World Bank approves $200m loan for Egyptian SMEs

Aug 15, 2012
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Egypt’s finance minister, Momtaz El-Saeed has announced the World Bank has approved a $200m loan to fund Egypt’s small and medium entrepreneurs (SMEs) through the Social Development Fund, Ahram has reported. The World Bank also offered help in repatriating Egypt's stolen funds by sending a team of experts to give legal and technical advice, El-Saeed said