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SME financing gap in MENA as high as $240bn

SME financing gap in MENA as high as $240bn

Small and medium sized businesses in the MENA region face a financing gap of up to $240bn, according to a new survey.

The report published by the World Bank / Union of Arab Banks surveyed more than 130 MENA banks, revealing that 63 percent of SMEs in the region do not have access to finance.

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