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
Royal tomb dating back 3,500 years discovered in Upper Egypt
A royal tomb dating back 3,500 years has been discovered in Upper Egypt (southern Egypt), the Egyptian Tourism and Antiquities Ministry announced on Sunday. According to a ministry statement, a joint Egyptian-American archaeological team from the University of Pennsylvania
World Bank commends Upper Egypt Local Development Programme
Manal Awad, Minister of Local Development, announced that the World Bank has highlighted the significant achievements of the Upper Egypt Local Development Programme (UELDP) in its latest report, praising its role in driving economic growth, enhancing infrastructure, and improving citizens’
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
Health Ministry signs two cooperation protocols to enhance healthcare in Upper Egypt
Khaled Abdel Ghaffar, Deputy Prime Minister and Minister of Health and Population, oversaw the signing of two cooperation protocols between the Ministry of Health and Population and the Upper Egypt Development Authority. The agreements align with the state’s initiative, “New
5,633 projects completed in Upper Egypt with over EGP 27bn investments: Local Development Minister
Minister of Local Development Manal Awad met with a delegation from the World Bank, including Ellen Olafsen, Senior Specialist in Private Sector Engagement, and Zeeshan Kareem, Senior Urban Specialist, alongside other bank representatives. Also attending were Hisham El-Helbawy, Assistant Minister
MSMEDA signs 41 contracts worth EGP 900 Million to support microfinance in 2024
The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has successfully achieved significant milestones in 2024, including signing 41 contracts totaling EGP 900 million with a diverse range of companies and civil society organizations to fund microfinance projects. In a
MSMEDA injects EGP 6bn in 2024 financing, sets ambitious goal to double support in 2025
Basil Rahmi, CEO of the Micro, Small, and Medium Enterprise Development Authority (MSMEDA), revealed that the authority successfully injected EGP 6bn into Egypt’s medium, small, and microenterprise sector during 2024. This represents a 13% increase compared to the previous year.
Health Ministry unveils medical plan for New Year, Christmas celebrations
The Ministry of Health and Population has announced a comprehensive medical plan to ensure public health during the upcoming New Year’s and Christmas celebrations in 2025. This initiative is part of the ministry’s ongoing efforts to safeguard citizens’ health during
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