Saudi Arabia backs Egypt’s digital future, crafts with $6.4m grant

SourceArab News
SectorTechnology
CountryEgypt

Saudi Arabia backs Egypt’s digital future, crafts with $6.4m grant Saudi Arabia backs Egypt’s digital future, crafts with $6.4m grant Saudi Arabia backs Egypt’s digital future, crafts with $6.4m grant Rania Al-Mashat. (REUTERS) Updated 49 min 54 sec ago Mohammed Abu Zaid Saudi Arabia backs Egypt’s digital future, crafts with $6.4m grant The bank’s portfolio in the medium, small and micro enterprises sector is worth about $600 million Updated 49 min 54 sec ago Mohammed Abu Zaid Follow @arabnews CAIRO: Saudi Arabia has given one of Egypt’s largest banks a $6.4 million grant to finance digital transformation and encourage local crafts programs in the country. Egypt’s Minister of International Cooperation, Rania Al-Mashat, said on Saturday that the Saudi Grant Management Committee funding for the Bank of Alexandria will strengthen financing mechanisms to support small, medium and micro enterprises, and create job opportunities. The ...read more...