Egypt, March 26 -- The European Bank for Reconstruction and Development (EBRD) is providing a US$ 50 million (€43.7 million) financing package to National Bank of Kuwait Egypt (NBK Egypt) to support micro, small and medium-sized enterprises (MSMEs) in Egypt.The package includes a US$ 20 million (€17.5 million) loan under the EBRD's Youth in Business programme, which is being supported with funds provided by the European Union (EU).The Youth in Business loan is to be lent on to local private MSMEs that are led or majority owned by entrepreneurs under the age of 35, with a focus on rural areas and women-led entrepreneurship. Sub-loans will be complemented by EU-funded cash incentives of up to 10 per cent of loan amounts under the ...