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Home In Brief

Google to provide grants, loans to bring Middle East businesses online

by  Reuters and ILH Staff
Published on  10-14-2020 11:45
Last modified: 05-20-2021 10:25
Google to provide grants, loans to bring Middle East businesses onlineReuters/Arnd WIegmann

A Google logo in an office building in Zurich September 5, 2018 | File photo: Reuters/Arnd WIegmann

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Tech giant Google plans to provide grants worth $1.1 million to help businesses in the Middle East and North Africa improve their digital skills and get them online, the company said on Tuesday.

Google will also provide $3 million in loans to thousands of businesses in the region, $2 million of which will go to Egypt, to help them with a digital transformation, the firm said in a presentation to Reuters.

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A total of 1 million firms or individuals in the region would get help to improve their digital skills to find jobs and get businesses online by the end of 2021, it added. The firm will also provide $9 million in advertising credits and grants to support businesses and governments in the region.

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