Cairo, Egypt – July 21, 2025 – The Arab Fund announces its first partnership with the European Bank for Reconstruction and Development (EBRD) to support entrepreneurship, innovation, and business sustainability in Egypt.
This partnership, which marks Arab Fund’s first agreement with EBRD, aims to provide tailored business advice through seminars, workshops and training sessions to micro, small and medium enterprises, with focus on women- and youth-led businesses.
“MSMEs are the backbone of Egypt’s economy, vital for job creation and youth integration,” says Bader Alsaad, Director General and Chairman of the Board of Directors for the Arab Fund. “Together with EBRD, we will provide essential advice and technical assistance to empower these businesses with the capacity needed to thrive. This commitment directly aligns with our new strategy that aims to maximize development impact through job creation, innovation, and entrepreneurship.”
MSMEs in Egypt are driving up to 90% of Egypt’s economic activity. Providing advisory services to this sector will help businesses improve productivity, increase turnover and facilitate access to finance, as well as job creation among beneficiary firms.
About the Arab Fund:
The Arab Fund for Economic and Social Development is a regional financial institution based in Kuwait, established in 1968 to support the economic and social development of Arab countries. Through loans, grants, and technical assistance, the Arab Fund finances infrastructure, education, health, water and sanitation and public service projects that contribute to sustainable development and regional cooperation across the Arab world.