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Tuesday, 17 July 2018

SME Authority in talks with World Bank for USD 300 mn loan

The Small and Medium Enterprise Authority is in talks with the World Bank for a USD 300 mn loan to finance new projects, boss Nevine Gamea said yesterday, Youm7 reports. The authority is looking to expand its funding of ventures such as financial leasing companies, according to Gamea, who did not provide any details on the timeline for the loan.

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