Arab Finance: The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has signed a financing agreement worth EGP 100 million with AMAN Holding, according to a statement.

As per the agreement, MSMEDA will provide funding to citizens interested in running small and medium-sized enterprises (SMEs), especially the youth and entrepreneurs, via AMAN’s branches across the country.

The agreement comprises two contracts; the first contract is valued at EGP 70 million and aims to promote entrepreneurship.

The second contract, worth EGP 30 million, seeks to support micro, small, and medium-sized enterprises (MSMEs) and private facilities.

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