Meeting of Prime Minister Mostafa Madbouli and Chairman of the Arab Fund for Social and Economic Development in Cairo, Egypt on November 24, 2021. Press PhotoCAIRO – 24 November 2021: The Arab Fund for Social and Economic Development will sign soon an agreement with one of the Egyptian banks to finance SMEs with $30 million. The statement was made Wednesday by the fund's chairman, Badr Mohamed al-Saad, in a meeting with Egypt's Prime Minister Mostafa Madbouli in the Cabinet's headquarters. The fund has also contributed to the financing of Bahr Al Baqar Wastewater Treatment Plant, the world's largest. Similarly, Saad pointed out that the fund's focus now is investing in green economy as well as cooperating with the private sector.
