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Many economies, including Saudi Arabia, rely heavily on small and medium-sized enterprises (SMEs). With the Vision 2030 plan, the Kingdom hopes to diversify its economy and reduce its dependency on oil by encouraging the growth of SMEs. Despite their promise, Saudi SMEs suffer substantial financial challenges that limit their growth and sustainability.

Egypt's economy has faced several challenges in recent years. The country has long struggled with economic issues such as high inflation, currency devaluation, and a large budget deficit. These challenges have been exacerbated by regional and global tensions, putting additional strain on the economy.