15 Hrs
Source:
الاقتصادية
EFQI Holding receives €40M in EU funds
A report states that EF G Holding Group has secured a $40 million loan from the European Bank for Reconstruction and Development for a term of four years. This financing aims to support and expand funding for micro, small, and medium-sized enterprises in Egypt, contributing to the creation of new jobs and promoting sustainable economic growth. This transaction represents the bank's first direct funding to the group and reflects confidence in its financial position, while also helping to diversify its sources of capital and support its subsidiaries in expansion efforts.
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