Egypt- Banque du Caire inaugurates two business development centres

Deputy Governor of the Central Bank of Egypt (CBE) Lobna Helal, and Chairperson and CEO of Banque du Caire, Tarek Fayed inaugurated two centres for the business development services under the Nile Pioneers Initiative, in the bank's two branches in Al-Sadat city in Menoufiya and Al-Kawthar district in Sohag.

The initiative aims to encourage young people to establish successful projects and support small projects in the informal sector with technical and financial consultations in a way that legalises their situation. These centres provide entrepreneurs with technical support in all their development stages to turn ideas into reality and achieve the initiative's goals.

The initiative's goals also include empowering women economically, encouraging local industry, and expanding digital applications to meet the demands of the Egyptian market and create job opportunities.