MSMEDA finalizes establishment of Khutwa Financing, with 40% stake
Basel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced that the final procedures are underway for establishing Khutwa Financing Company. MSMEDA will hold a 40% stake in the company, in partnership with major financial institutions
MSMEDA injects EGP 25.6bn into Upper Egypt projects over 10 years
Egypt’s Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has provided EGP 25.6bn in funding to projects in Upper Egypt over the past 10 years, including EGP 1.7bn to Aswan governorate, the agency’s CEO, Basel Rahmy, said on Sunday. Rahmy
MSMEDA, World Bank partner to upgrade Egyptian entrepreneurship eco-system: Rahmy
Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), emphasized enhancing Egyptian startups with both financial and technical support, by working on developing innovative ideas to reach the commercialized stage. “Such set of supportive programs targeting
MSMEDA collaborates with JICA to enhance industrial competitiveness
Basel Rahmy, the CEO of the Micro, Small and Medium Enterprises Development Agency (MSMEDA), has reaffirmed the agency’s commitment to international collaboration to enhance the productivity and competitiveness of Egypt’s industrial and production-focused SMEs. This effort, facilitated through partnerships with
MSMEDA pumps EGP 2bn into 76,000 small, micro-enterprises in Kafr El-Sheikh over 10 years
Basel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), said on Monday that the agency has funded over 76,000 small and micro enterprises in Kafr El-Sheikh with EGP 2bn over 10 years, providing 136,655 jobs for
MSMEDA allocates EGP 25m for handicrafts through Aman
The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has signed a new EGP 25m contract with Aman Holding to strengthen support for handicraft and heritage projects through the “Hirfa” microfinance initiative. According to a statement from MSMEDA on Sunday,
MSMEDA launches ambitious financing programme for solar energy: Chief
Basel Rahmy, CEO of Egypt’s Micro, Small, and Medium Enterprises Development Agency (MSMEDA), announced the launch of a new financing programme in collaboration with the United Nations Industrial Development Organization (UNIDO). This initiative aims to support Egyptian companies working in
MSMEDA injects EGP 1.9bn to fund 80,000 small, micro-enterprises in Aswan over decade
Basel Rahmy, CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), announced that the agency has invested EGP 1.9bn in Aswan from 1 July 2014 to the end of September 2024. This funding has supported approximately 80,000 small