}

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Madbouly reconstitutes entrepreneurship ministerial group

Egypt’s Prime Minister Mostafa Madbouly has issued a decree reconstituting the Ministerial Group for Entrepreneurship, to be chaired by Deputy Prime Minister for Economic Affairs Hussein Eissa.

Updated 4/19/2026 3:40:00 AM
MSMEDA, Outreach Egypt cooperate to expand Orange Corners support for entrepreneurs

The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) signed a cooperation agreement with Outreach Egypt to expand non-financial support services for entrepreneurs under the Orange Corners Egypt program.

Updated 4/8/2026 12:47:00 PM
MSMEDA, JEDCO promote Egypt-Jordan MSME integration

The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) and the Jordan Enterprise Development Corporation (JEDCO) organized a series of online meetings to promote economic integration between Egypt and Jordan in support of micro, small, and medium enterprises (MSMEs).

Updated 4/6/2026 7:43:00 AM
Investment Ministry, TSFE advance plans for startup-focused SPAC to finance VC investments

Minister of Investment and Foreign Trade Mohamed Farid and the Sovereign Fund of Egypt (TSFE) followed up on the procedures for establishing a special purpose acquisition company (SPAC) seeking to invest in venture capital (VC).

Updated 4/1/2026 5:45:00 AM
MSMEDA inks EGP 300M agreement with Aman Holding to finance SMEs in Egypt

Egypt’s Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has signed a contract with Aman Holding, a Raya Holding portfolio company and fintech group in Egypt, to provide EGP 300 million in financing to support small and medium enterprises (SMEs) across the country.

Updated 3/12/2026 10:31:00 AM
Investment Ministry, MSMEDA mull boosting entrepreneurship support

Minister of Investment and Foreign Trade Mohamed Farid Saleh held a meeting with Basel Rahmy, CEO of the Micro, Small, and Medium Enterprises Development Agency (MSMEDA), to mull reinforcing entrepreneurship support.

Updated 3/3/2026 11:00:00 AM
Egypt’s financial inclusion rate rises to 77.6% by end-2025: CBE

Egypt’s financial inclusion rate rose to 77.6% by the end of 2025, according to data from the Central Bank of Egypt (CBE).

Updated 2/18/2026 8:52:00 AM
MSMEDA, IFAD partner on STAR program to boost Upper Egypt agriculture

The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) is partnering with the International Fund for Agricultural Development (IFAD) to implement the Sustainable Transformation for Agricultural Resilience in Upper Egypt (STAR) program.

Updated 2/15/2026 1:37:00 AM
Banque du Caire posts positive 2025 financial results; profits up 30% YoY

Banque du Caire generated net profits after tax amounting to EGP 16.1 billion in 2025, up 30% year-on-year (YoY) from EGP 12.4 billion.

Updated 2/11/2026 12:29:00 PM
MSMEDA, Cairo governorate secure EGP 11.5M for urban upgrading project under EU, AFD financing

The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) and Cairo Governorate signed an addendum to their framework agreement for the Al-Zawya Al-Hamra development project, with EGP 11.5 million in new funding under the Urban Upgrading and Employment Promotion Program in unplanned areas of Cairo and Giza.

Updated 2/10/2026 1:41:00 PM
MSMEDA allocates EGP 500M to Suez Canal Bank to expand MSME financing

Egypt’s Micro, Small and Medium Enterprises Development Agency (MSMEDA) has provided new financing worth EGP 500 million to Suez Canal Bank (CANA) to expand lending to industrial and productive projects and strengthen the export capacity of micro, small, and medium enterprises (MSMEs)

Updated 2/9/2026 11:12:00 AM
Egypt to mobilize $1B for startups over 5 years under new charter

Egypt has launched a unified financing initiative aimed at mobilizing $1 billion in financing for startups over five years, as part of the newly announced startup charter.

Updated 2/8/2026 7:22:00 AM
MSMEDA signs EGP 400M financing agreement with Banque du Caire

The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) signed a financing agreement with Banque du Caire for a total amount of EGP 400 million, according to a press release.

Updated 2/3/2026 11:23:00 AM
EIB, IFC commit $137.5M to RMBV, Alta Semper funds

The European Investment Bank (EIB) and the International Finance Corporation (IFC) signed two agreements to inject $137.5 million into the RMBV North Africa and Alta Semper investment funds

Updated 1/14/2026 8:06:00 AM
MSMEDA, EBank sign protocol to boost SME exports, industrial growth

The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has signed a cooperation protocol with the Export Development Bank of Egypt (EBank) to expand financial and technical support for small and medium-sized enterprises (SMEs), with a focus on strengthening their export capabilities and supporting industrial projects seeking access to international markets.

Updated 12/25/2025 1:57:00 PM
MSMEDA signs EGP 300M microfinance deal with Reefy

The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has signed a EGP 300 million microfinance agreement with Reefy Microfinance Enterprise Services Co.

Updated 12/16/2025 12:57:00 PM
Finance Ministry announces 2nd package of tax incentives to expand tax base

Egypt’s Minister of Finance Ahmed Kouchouk announced the second package of tax incentives, saying it forms part of a wider plan to ease procedures for the taxpaying community.

Updated 12/4/2025 3:08:00 AM
MSMEDA supports MSMEs in Upper Egypt with EGP 28B over 11 years

The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has allocated EGP 28 billion over the past 11 years to support micro, small, and medium enterprises in Upper Egypt.

Updated 11/30/2025 3:25:00 AM
Al Baraka Bank Egypt, MSMEDA sign EGP 200M financing agreement

Al Baraka Bank Egypt signed a three-year financing agreement with the Micro, Small, and Medium Enterprises Development Agency (MSMEDA) at a value of EGP 200 million

Updated 10/14/2025 2:32:00 AM
MSMEDA, Arab Tourism Organization ink MoU to support handicrafts, promote cultural tourism

Egypt’s Micro, Small, and Medium Enterprises Development Agency (MSMEDA) and the Arab Tourism Organization, affiliated with the League of Arab States, have signed a memorandum of understanding to enhance cooperation in supporting handicrafts, empowering artisans, and promoting Arab cultural and heritage tourism across the region, as per a statement.

Updated 10/5/2025 1:15:00 AM