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Top 10 Buzzing Stories to Check This Weekend

The fourth week of June celebrated major achievements in the Egyptian economic landscape, with key players, including Korra Energi, Scatec, and Valmore Holding, announcing projects in the energy sector.

Updated 59m19h
Egypt inks 8 cooperation deals with AFD, EU, French firms in health, education, green industry

Egyptian ministries and agencies have signed eight cooperation agreements and memoranda of understanding (MoUs) on June 24th with the French Development Agency (AFD), the European Union (EU), and several French companies, covering healthcare, education, technical training, green industry, and local development projects, the Egyptian Ministry of Foreign Affairs, International Cooperation.

Updated 6/24/2026 2:51:00 PM
MSMEDA, EGX ink cooperation protocol to expand MSMEs' access to financing tools

The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has signed a cooperation protocol with the Egyptian Exchange (EGX) to expand the base of companies benefiting from financing instruments and markets, as part of efforts to support micro, small, and medium-sized enterprises' (MSMEs) growth and contribution to the national economy

Updated 6/24/2026 12:39:00 PM
Domty’s dairy arm eyes EGX debut next July: CEO

Domty expects its newly established unit, Dairy Products Euro Arabian for Food Industries, to list on the Egyptian Exchange (EGX) next July

Updated 6/21/2026 8:13:00 AM
Farid outlines financing tools to promote innovation, expand startups growth

Minister of Investment and Foreign Trade Mohamed Farid has attended the launch ceremony of the Startup Egypt event, which represents a significant leap towards building a more integrated institutional framework to back the growth of startups.

Updated 6/17/2026 2:12:00 PM
Farid Academy becomes Egypt’s 1st edtech startup to secure ‘Startup Label’

The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) awarded Farid Academy the "Startup Label" under Egypt’s National Startup Charter

Updated 6/17/2026 9:48:00 AM
MSMEDA highlights support for 209 startups at Startup Egypt launch

Basel Rahmy, CEO of the Micro, Small, and Medium Enterprises Development Agency (MSMEDA), participated in the launch event of Startup Egypt, highlighting the agency's efforts to back the startup ecosystem,

Updated 6/17/2026 9:03:00 AM
MSMEDA, EXBY partner to help SMEs access export markets

The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has signed a letter of intent with export technology platform EXBY to help small and medium-sized enterprises (SMEs) access new international markets and increase their contribution to Egyptian exports.

Updated 6/11/2026 12:47:00 PM
MSMEDA, Tadbiir ink EGP 200M SME financing contracts

The Micro, Small and Medium Enterprises Development Agency (MSMEDA) signed two financing agreements valued at EGP 200 million with Tadbiir for Leasing & Factoring, according to a statement.

Updated 5/14/2026 12:11:00 PM
MSMEDA inks EGP 300M financing agreement with Tamkeen

The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has provided EGP 300 million financing to Al Ahli Capital for Microfinance (Tamkeen).

Updated 5/3/2026 11:27:00 AM
MSMEDA steps up Sinai support with new funding, training programs

Egypt’s Micro, Small and Medium Enterprises Development Agency (MSMEDA) said it is increasing funding for projects in Sinai and expanding free entrepreneurship training programs as part of the country’s Sinai Liberation Day celebrations.

Updated 4/26/2026 5:35:00 AM
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