17 February 2019 10:13 AM

EU, EBRD celebrate finalizing 500 projects in Egypt

Friday، 10 March 2017 - 01:20 PM

The EU and the European Bank for Reconstruction and Development (EBRD) celebrated on Thursday 09/03/2017 finalizing 500 small and medium-sized enterprises in Egypt.

The move came as part of the EBRD strategy to support SMEs to achieve growth and sustainability, which would eventually contribute to boost the Egyptian economy.

During the celebration, EBRD representatives reviewed the action plan and strategy of the bank in the coming three years, along with services provided for developing the small and medium projects.

In his speech, Chargé d'Affaires of the EU Delegation to Egypt Reinhold Brender said supporting SMEs was a priority for the EU in its endeavor to boost economic development in Egypt.


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