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.

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.

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

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.

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.

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.

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)

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.

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.

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

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.

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

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.

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.

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

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.

The second week of August witnessed key economic stories, including Standard Chartered Bank’s positive outlook regarding the Egyptian economy during the second half (H2) of 2025.

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has signed two contracts worth a total of EGP 500 million with Banque du Caire to finance microenterprises across Egypt, as per a statement.

The business and economic landscape has been buzzing over the past five working days, packed with major headlines. These include the International Monetary Fund’s (IMF) expectations for the Egyptian pound (EGP) to US dollar exchange rate, as well as forecasts from Minister of Petroleum and Mineral Resources Karim Badawi that Egypt’s production of gold and silver will reach nearly 640,000 ounces during fiscal year (FY) 2024/2025.

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has financed 51,000 youth-led micro- and small-sized projects with EGP 2.2 billion in investments across Alexandria between July 2014 and May 2025.