CAIRO, Oct 10 (MENA) – Ebda Enterprise Development Company, the executive arm of the National Initiative for the Development of Egyptian Industry, has signed a cooperation protocol with the National Bank of Egypt (NBE).

The protocol aims to enhance ways of joint cooperation to provide banking financing with a distinctive return for the medium and small industrial projects supported by the initiative.

It also aims to stimulate and support investment in projects aimed at supporting local products, reducing the import bill and maximizing opportunities to export local products to foreign markets by raising their efficiency and quality in accordance with relevant requirements and standards. (MENA)

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