Egypt is unlocking the remaining cash from its massive LE 50 billion tourism fund to give local hospitality businesses a major boost. The Central Bank just overhauled the program’s rules, allowing banks to immediately deploy leftover surplus funds and extending a critical application deadline until October to make sure no capital goes underutilized, Al Mawel … The post Egypt optimizes LE 50 billion package to maximize funding for tourism sector appeared first on Egypt Independent .