MSMEDA partners with New Valley to localize silk production in Egypt
Basil Rahmy, CEO of Egypt’s Micro, Small, and Medium Enterprises Development Agency (MSMEDA), met with Mohamed El-Zamalout, Governor of New Valley, to discuss collaborative efforts aimed at expanding developmental activities in the region, particularly in agricultural production, and fostering the
MSMEDA partners with banks to offer Islamic financing for small enterprises: CEO
Basel Rahmy, CEO of Egypt’s Micro, Small, and Medium Enterprises Development Agency (MSMEDA), announced Monday that the agency partnered with several banks to provide Islamic financing solutions for small enterprises. These banks include Faisal Islamic Bank of Egypt, United Bank,
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
Kredit secures EGP 875m in facilities from 9 banks, financial institutions
Kredit, a subsidiary of GB Capital for project financing, announced it has secured EGP 875m in bank facilities from nine local and international banks and financial institutions, including the National Bank of Egypt, Banque du Caire, Al Baraka Bank, Egyptian
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