Arab Fund Signs 1st Private Sector Loan Under its New Strategy

The Arab Fund for Economic and Social Development has signed a USD 50 million facility agreement with the National Bank of Egypt (NBE) to support micro, small, and medium-sized enterprises (MSMEs) across Egypt.

This engagement is part of the Arab Fund’s strategic shift to strengthen private sector participation and promote inclusive and sustainable growth. The agreement will help expand access to finance—particularly in underserved areas—and support job creation, economic diversification, and women’s economic empowerment.

The partnership aligns with Egypt’s national priorities and Vision 2030, reinforcing joint efforts to enhance the role of the private sector in driving economic development.