Egypt appoints Mostafa Ismail as MSMEDA chief
Egypt's Prime Minister Moustafa Madbouly on Sunday oversaw the leadership handover at the Micro, Small, and Medium…
Browsing Tag
Small Businesses
MSMEDA, Reefy sign EGP300m microfinance deal
Egypt's Medium, Small, and Micro Enterprise Development Agency (MSMEDA) signed on Tuesday a micro-finance project…
Egypt’s MSMEDA invests EGP 18b in women-led small, micro projects over 11 years
Egypt’s Medium, Small, and Micro Enterprise Development Agency (MSMEDA) has invested 18 billion Egyptian pounds…
Egypt’s MSMEDA helps 18,000 SMEs win EGP 1.25b in state contracts
Egypt’s Medium, Small and Micro Enterprise Development Agency (MSMEDA) has registered 18,000 small and medium-sized…
Egypt supports SMEs with streamlined tax system
Egypt’s Tax Authority (ETA) head Rasha Abdel Aal said Law No. 6 of 2025, targeting businesses with annual turnover…
Egypt, EU wrap up €27m migration project focused on job creation
Egypt concluded on Wednesday the EU-funded Agreement on Addressing the Root Causes of Irregular Migration,…
Egypt’s MSMEDA funds 2m projects since 2014
Egypt’s Medium, Small, and Micro Enterprise Development Agency (MSMEDA) has provided 57.5 billion Egyptian pounds…
Egypt’s MSMEDA reaffirms commitment to MSME sector
Egypt’s Micro, Small and Medium Enterprise Development Agency (MSMEDA) reiterated its support for the MSME sector…
MSMEDA, Alexandria Businessmen Association sign EGP181m microfinance deal
Egypt's Micro, Small and Medium Enterprise Development Agency (MSMEDA) and the Alexandria Businessmen Association…
Egypt’s economy shows positive growth – FinMin
Egypt's economy has started to show signs of improvement, with financial performance indicators for the first 8…
Egypt expands tax relief for small businesses, startups
Egypt is offering expanded tax relief and financial incentives to small businesses, startups, and first-time…
MSMEDA expands support for entrepreneurs during Ramadan
Egypt’s Medium, Small, and Micro Enterprise Development Agency (MSMEDA) is ramping up efforts to support…
Egypt introduces tax reforms to boost entrepreneurship
Egypt’s Finance Minister Ahmed Kouchouk announced new incentives for entrepreneurs and freelancers, including tax…
IFC to finance Nigerian private sector projects
The International Finance Corporation (IFC) and Nigeria's Central Bank (CBN) have signed a strategic agreement to…
S. Korea’s to raise industrial power rates
South Korea's state-run electricity provider, KEPCO, announced on Wednesday that it would increase electricity…
Local Development Ministry, MSMEDA sign protocol to Boost SMEs
The Ministry of Local Development signed a cooperation protocol with the Micro, Small, and Medium Enterprises…
EIB, Deutsche Leasing boost green transformation for SMEs
The European Investment Bank (EIB) and Deutsche Leasing have launched the second tranche of their green project to…
US private sector employment grows by 143,000 jobs in Sept, pay up 4.7%
Private sector employment in the US rose by 143,000 jobs in September, while annual pay increased by 4.7 per cent,…
Egypt’s MSMEDA, Ebda pact to boost small enterprises
Micro, Small and Medium Enterprises Development Agency (MSMEDA) and Ebda have signed a cooperation protocol to…
S. Korea pledges $57 bln to support SMEs
South Korea set up a $56.97 billion financial aid programme to assist companies investing in vital sectors and…
Facebook Shops – a new feature to help small businesses amid coronavirus – seen in Egypt…
Facebook Shops – a new service Facebook announced on Tuesday to allow businesses to display and sell products on…
China SME businesses are having a hard time getting bank loans
It's widely agreed that China needs to bring its massive debt problem — estimated at more than three times the size…
China watchdog tells banks ‘significantly cut’ lending rates for small…
China's financial regulator has told banks to "significantly cut" lending rates for small companies in the third…
EFG Hermes unit, EALB bank join forces to support Egypt small businesses
EFG Hermes Leasing, a wholly-owned subsidiary of investment bank EFG Hermes, signed Wednesday a cooperation…
IFC loans AAIB bank $100 million to support Egypt SMEs, energy projects
The International Finance Corporation (IFC), a member of the World Bank Group, has provided a $100 million loan to…
Small businesses to strike today to protest Trump’s immigration policies
Restaurants, bakeries, and other businesses around the country will shut on Thursday as thousands of foreign-born…
Facebook to let emerging market firms sell through their pages
Facebook Inc is to let small businesses in emerging markets sell to customers for free through their Facebook…
QNB to sign $6.4 million deal in support of Egypt SMEs this month
Qatar National Bank AlAhli S.A.E. (QNB AlAhli) is to sign this month its first contract with Social Fund for…
Google offers discount prices for small businesses in Egypt
Google is offering small-sized Egyptian businesses and start-ups discounted prices for purchasing Google’s…
AfDB in talks with NBE, CIB to fund trade, SMEs in Egypt
The African Development Bank (AfDB) is in talks with two major Egyptian banks to finance small businesses and trade…
Egypt’s Industrial Development Bank, SFD to ink New Financing Pact This February
The Industrial Development & Workers Bank of Egypt (IDWBE) will be signing next February a new financing…
Some Egypt Businesses Thrive in Crush of Economic Downturn
Egypt's smaller companies have struggled since the uprising that pushed aside Hosni Mubarak in 2011. But in a few…
Banking Sector a Possible Bright Spot for Egypt
Depending on whom you talk to, Egyptian bankers deserve either garlands for the prudential way they avoided…
Al Nagdy: Small Businesses Revolute
Major General Esmail El Nagdy – Chairman of Industrial Development Authority- said that the Authority is preparing…