SFD Egypt, Omar Effendi ink MOU to Support Small Enterprises

Egypt’s Social Fund for Development (SFD) has signed on Sunday a memorandum of understanding (MOU) with the state-owned department store Omar Effendi.

As pursuant to the MOU, the products offered by small-sized enterprises would be sold throughout Omar Effendi’s nationwide branches.

In this respect, SFD’s Director General Hanaa El Hilaly stated that the fund is always keen to cooperate with key partners of development, which would help to provide the fund to offer economic and social support for the small-sized enterprises.

“Omar Effendi is characterized by its various branches across the country, that’s why SFD has chosen such a prominent name so as to support and activate the small enterprises’ projects.”  El Hilaly noted

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