Exploring avenues of Collaboration to bolster the private sector and foster emerging companies

In a significant development aligned with Egypt’s Vision 2030, Dr. Heba Shahein, Executive Director of the Egyptian Regulatory Reform & Development Activity “ERRADA,” and Mrs. Najla Bahr, Managing Director of the Credit Risk Guarantee Company (CGC), convened a crucial meeting on 11/28/2023. The meeting was dedicated to exploring avenues of collaboration to bolster the private sector and foster emerging companies. Under the visionary directives of the President of the Republic and the Prime Minister, the discussions centered on strategies to support, develop, and finance emerging companies as well as small and medium-sized enterprises (SMEs). The focus is on streamlining the financing process with banks and financial institutions, ultimately aimed at increasing the number of emerging companies and nurturing a thriving business climate in Egypt