Arab Finance: Kredit, a subsidiary of GB Capital Group, has obtained EGP 100 million in financing from Banque du Caire to bolster the growth of small and medium enterprises (SMEs) in Egypt, as per an emailed press release.

The financing is expected to provide additional financial resources for SMEs, enabling them to expand operations and increase production capacity.

It will also facilitate job creation and contribute to improving living standards across the country.

Recently, Kredit secured EGP 50 million in financing from the National Bank of Egypt (NBE) as part of its expansion plan to promote financial inclusion and support SMEs.

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