Egypt prepares youth-focused financing initiative, incentives for first 100k simplified-system taxpayers: Finance Minister
Finance Minister Ahmed Kouchouk said the government is developing new incentive measures to stimulate productive sectors and strengthen entrepreneurship across the Egyptian economy. He added that the ministry is working with the Micro, Small and Medium Enterprise Development Agency (MSMEDA)
MSMEDA injects EGP 22.7bn since 2022, funding 493k projects: Rahmy
Bassil Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced that the agency has channelled EGP 22.7bn in funding since 2022, supporting around 493,000 projects across the governorates and creating more than one million jobs. He
MSMEDA advances National Heritage Strategy, expands global marketing opportunities for artisans: Rahmy
Bassil Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), affirmed that the agency continues to provide comprehensive support to project owners across all sectors—particularly those working in heritage and handicraft industries. He emphasized that MSMEDA is
EGP 18bn invested in women-led small, micro projects over 11 years: Rahmy
Bassil Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced that the agency has injected EGP 18bn over the past 11 years to finance women-led small and micro enterprises across all governorates, contributing to the creation
Finance Ministry, MSMEDA implement ambitious plan to support entrepreneurs: Rahmy
Basil Rahmy, CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), affirmed the strong support provided by the Ministry of Finance to the small and medium enterprise (SME) sector through the General Authority for Government Services, and its
MSMEDA injects EGP 4.9bn to finance 128,290 small, micro projects in border governorates over 11 years
Bassil Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced that between July 2014 and August 2025, the agency has allocated around EGP 4.9bn to finance 128,290 small and micro projects in Egypt’s border governorates, creating
MSMEDA provides EGP 11.9bn in funding for 574,349 small, micro projects in northern Upper Egypt
Basil Rahmy, CEO of the Micro, Small, and Medium Enterprises Development Agency (MSMEDA), announced that from July 2014 to December 2024, the agency has allocated EGP 11.9bn to support 574,349 small and micro enterprises, as well as infrastructure and community
MSMEDA issues 130,000 licences for small enterprises over past decade
Basil Rahmy, CEO of the Micro, Small, and Medium Enterprises Development Agency (MSMEDA), announced that between July 2014 and December 2024, the agency issued 19,804 final and temporary business regularization licences, along with 110,137 final licences for small enterprises. These
Transport Ministry, MSMEDA sign MoU to create sustainable jobs
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, and Bassel Rahmy, CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), have signed a Memorandum of Understanding (MoU) aimed at fostering sustainable employment
MSMEDA injects EGP 2.6bn to support over 95,000 small, micro projects in Qena
Basil Rahmy, CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), announced that the agency has provided EGP 2.6bn in funding for over 95,000 small and micro projects in Qena between July 2014 and December 2024. This initiative