Egypt's banking sector will inject EGP200 billion (USD25 billion) to support small and medium businesses, President Abdel Fattah al-Sisi said on Saturday, the latest bid to support Egypt's battered economy and create jobs. "I have assigned the central bank to make the most of the banking sector to implement a comprehensive programme to support small and medium businesses," Sisi said, adding that loans for small and medium businesses over the next four years will not be less than 20% of all loans issued. "The biggest hurdle for young entrepreneurs is the financing and if that issue is resolved there will be more businesses and more jobs created", one banker said, adding that with the new programme, banks will bear the burden on their profit margins. (Reuters)