Arab Finance: Egyptian Micro, Small and Medium Enterprises Development Agency (MSMEDA) has signed an EGP 150 million financing agreement with Reefy to back micro- and medium-sized enterprises operated by Egyptian women, according to a statement on September 12^th.

Pursuant to the agreement, a total of Egyptian 6,000 women will be financed to expand their existing business and to encourage them to establish new micro-projects, CEO of MSMEDA Basil Rahmi.

Rahmi added that the agency aims to support Egyptian women, especially in the most needy and border areas.

FRA extends suspension on new microfinance, consumer finance license requests for 1 year Updated 10/22/2025 3:03:00 PM

Al Baraka Bank Egypt, MSMEDA sign EGP 200M financing agreement Updated 10/14/2025 2:42:00 PM

MSMEDA, Arab Tourism Organization ink MoU to support handicrafts, promote cultural tourism Updated 10/5/2025 9:12:00 AM

MSMEDA supports 51,000 youth projects in Alexandria with EGP 2.2B Updated 7/17/2025 8:46:00 AM

Egypt allocates EGP 5B to support SMEs in new budget Updated 7/13/2025 12:20:00 PM