MSMEDA, Banque Misr sign EGP 500m financing deal to support micro enterprise expansion
Banque Misr and the Micro, Small and Medium Enterprise Development Agency (MSMEDA) have signed a new EGP 500m financing agreement under the Tamkeen Microfinance 3 programme to support the expansion and development of micro enterprises across Egypt. The programme will
MSMEDA, Tamweely sign EGP 350m agreements to finance 3,000 micro-enterprises
Bassel Rahmy, Chief Executive Officer of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), and Ahmed Khorshid, Chief Executive Officer, Managing Director and Deputy Chairman of Tamweely Financial Services, have signed two financing agreements under which MSMEDA will provide
MSMEDA injects EGP 79.6bn in financing since 1991: CEO
Bassel Rahmy, Chief Executive Officer of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), said that the agency has injected EGP 79.6bn in financing since its establishment 35 years ago under the name of the Social Fund for Development.
MSMEDA implements integrated plan to develop traditional handicraft clusters: CEO
Bassel Rahmy, Chief Executive Officer of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), confirmed that the agency is implementing an integrated plan to develop production clusters for traditional and heritage crafts, in cooperation with the relevant governorates, ministries,
MSMEDA injects EGP 2.2bn to finance 54,000 projects in Menoufeya: CEO
Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced that the agency injected EGP 2.2bn in financing into Menoufeya between July 2014 and April 2026. The funding supported medium, small and micro enterprises, as well
MSMEDA injects EGP 1.5bn into green economy projects since 2014: CEO Rahmy
Bassel Rahmy, Chief Executive Officer of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced that the agency has provided EGP 1.5bn in financing for green economy projects between July 2014 and April 2026, reflecting Egypt’s growing commitment to
Egypt launches initiative to support cotton-based SMEs, strengthen production clusters
The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has launched the “Egyptian Cotton Festival” initiative in cooperation with Cairo Governorate and in collaboration with the Egyptian Marketing Studies Foundation, aiming to support micro, small and medium enterprises (MSMEs) and
MSMEDA channels EGP 939m into Sinai to fund SMEs, create 25,000 jobs
The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has injected EGP 939.4m into North and South Sinai between 2014 and 2025, financing nearly 10,000 projects and generating around 25,000 job opportunities. Of the total funding, EGP 23m was allocated
Egypt steps up efforts to shield startups, SMEs from global headwinds: MSMEDA chief
Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), said state entities are working in close coordination to mitigate the impact of global economic challenges on startups and small and medium-sized enterprises (SMEs) in Egypt. He
MSMEDA, Outreach partner to expand non-financial services for entrepreneurs under ‘Orange Corners’
In a move to strengthen cooperation between national development institutions and international partners, the Medium, Small, and Micro Enterprise Development Agency (MSMEDA) has signed a cooperation agreement with Outreach Egypt, the implementing partner of the Orange Corners Egypt initiative backed