Egypt’s Ministry of Local Development and the Micro, Small, and Medium Enterprise Development Agency (MSMEDA) have signed a strategic cooperation protocol to create a more conducive environment for small businesses …
SMEs
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Egypt’s Minister of Planning and Economic Development, Hala Al-Saeed, emphasized the government’s commitment to fostering entrepreneurship, innovation, and the growth of startups as well as small and medium-sized enterprises. She …
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Al Tadamun Microfinance Foundation, a champion for women’s economic empowerment, is bucking the trend by achieving significant growth in 2023. The foundation, aligned with Egypt’s national development goals, injects crucial …
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Islamic Corporation for the Development of the Private Sector (ICD), a member of the Islamic Development Bank (IsDB) group, and Banque Misr have signed a letter of intent, solidifying their …
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The Egyptian Exchange (EGX) has revealed a comprehensive plan to stimulate demand and enhance the development of its stock exchange in 2024. The strategy, consisting of seven pillars, aims to …
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Kredit, a subsidiary of GB Capital, has been established in Egypt to provide financial support to small and medium-sized enterprises (SMEs) with an initial capital of EGP 35 million, which …
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At the end of Monday’s trading session, indices of the Egyptian Stock Exchange (EGX) showed combined increases, supported by significant purchases by institutions, Arab and foreign investment funds, and sales …
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Egypt’s President, Abdel Fattah El-Sisi, announced a five-year tax exemption for small and medium-sized enterprises (SMEs) that register their business in the formal economy. El-Sisi made this remark during the …
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The International Finance Corporation (IFC), a World Bank Group (WBG) financing arm, stated last Wednesday that it will make an equity investment of up to €25 M in the Mediterrania Capital …
