In a March 24 statement, the Central Bank of Egypt (CBE) announced it will grant 2-year loans to tourism establishments with a grace period of 6 months. CBE wants to help them pay the salaries of employees and their obligations towards suppliers and maintenance works on tourist activities, amid the current covid-19 pandemic.

For more information, please see https://www.ecofinagency.com/public-management/2703-41175-central-bank-of-egypt-to-grant-2-year-loans-to-tourism-facilities