The Central Bank of Egypt (CBE) said banks have channelled EGP 77.2bn to finance small and micro enterprises under the presidential “Decent Life” initiative between July 2021 and December 2025. In its latest financial inclusion report, the CBE said the initiative has been implemented across 20 governorates, 52 districts, and 1,413 villages, underscoring the broad […] The post Banks channel EGP 77.2bn into small, micro enterprises under ‘Decent Life’ initiative by end-2025 first appeared on Dailynewsegypt .
ADVERTISEMENT
Banks channel EGP 77.2bn into small, micro enterprises under ‘Decent Life’ initiative by end-2025
Related Articles
Barcelona seal 29th LaLiga title with 2-0 Clasico win
BARCELONA – Barcelona clinched their 29th LaLiga title on Sunday with a 2-0 victory over rivals Real Madrid to open an unassailable 14-point lead at the top of the table with three games remaining.Real needed a win at Camp Nou to delay the celebrations but fell behind in the ninth minute when Marcus Rashford curled…
EGYPTIAN GAZETTE
May 11, 2026
Egypt Signals Gradual Shift from Food Subsidies to Direct Cash Support Starting FY 2026/2027
CAIRO — Mostafa Madbouly announced that Egypt is preparing to gradually shift from its longstanding commodity subsidy system to a direct cash-support model for low-income citizens, with implementation steps expected to begin during the 2026/2027 fiscal year. Speaking during the government’s weekly press conference in Cairo, Madbouly said details of the new system would be…
The Middle East Observer
May 11, 2026
ADVERTISEMENT