Sherif Luqman — Deputy Governor of the Central Bank of Egypt (CBE) — said that in the three years they have been active, the business development centres affiliated with the Nilepreneurs initiative have accomplished great achievements with the participating 17 banks. He added that the number of centres has jumped from 24 to 55 in less than a year. This came on the side-lines of a ceremony in which the CBE honoured the five best performing banks in the field of providing business development services within the initiative, which it launched in 2019. Banque Misr, QNB Al-Ahly, the Agricultural Bank of Egypt, the National Bank of Egypt, and Banque du Caire were honoured as the best banks. For her part, Heba Labib — Executive Director of the Nileprenuers initiative — said that the initiative launched many programmes to support small and emerging projects and local manufacturing.
