Arab Today, arab today saudi arabia grants egypt egp 100m to support smes
Last Updated : GMT 20:46:57
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Saudi Arabia grants Egypt EGP 100m to support SMEs

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Arab Today, arab today Saudi Arabia grants Egypt EGP 100m to support SMEs

Saudi Ambassador Ahmed Abdel Aziz Qattan
Cairo - Arab Today

Saudi Arabia will offer Egypt an EGP 100 million grant to support small and medium-sized enterprises.

The grant will be used in funding a number of projects that will help create job opportunities and back SMEs, Saudi Ambassador here Ahmed Abdel Aziz Qattan said.

The sum is part of a larger grant ($200 million) offered by Saudi Arabia for the same purpose, he said.

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