Egypt’s flagship entrepreneurship initiative, Central Bank of Egypt-backed “NilePreneurs” (Rowad El Nile), is showing measurable progress in expanding support for startups and small businesses, according to newly released official data. …
SMEs
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EconomyHighlights
Egypt Requires E-Invoice and E-Receipt Compliance to Access Simplified Tax System for Small Businesses
Businesses in Egypt seeking to benefit from the country’s simplified tax regime must fully comply with the government’s digital invoicing systems, according to Rasha Abdel Aal, head of the Egyptian …
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HighlightsNews
IFC Targets Up to $220 Million Financing Package for Banque Misr to Boost Green Lending and Women-Led SMEs
The International Finance Corporation (IFC), the private-sector arm of the World Bank Group, is targeting a new financing package to support Banque Misr, aimed at expanding green finance, climate …
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EconomyHighlights
Egypt Empowers Private Sector in 2025 with $17B Int’l Financing and Hafiz Platform Expansion
Egypt is accelerating its drive to empower the private sector, announcing significant achievements in 2025 that underscore its role as a central partner in the country’s economic growth. The Ministry …
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Egypt’s Micro, Small and Medium Enterprise Development Agency (MSMEDA) CEO, Bassil Rahmy, announced that the agency has invested more than EGP 18 billion over the past 11 years to support …
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EconomyHighlights
Egypt’s Tax Authority Accelerates Second Tax Facilitation Package with Focus on SMEs, VAT Refunds, and E-Commerce Reform
Egypt’s Tax Authority (ETA) is finalizing a second package of tax facilitations, aimed at streamlining tax procedures, improving VAT refund processes, and enhancing support for small and medium-sized enterprises (SMEs), …
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HighlightsWomen on Top
Nevine Gamea Elected by Acclamation to Board of Egyptian Insurance Federation
In a a new milestone for women’s leadership in Egypt’s financial sector, Nevine Gamea, Chairperson of Misr Insurance, former Minister of Trade and Industry, and a leading advocate for entrepreneurship …
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EconomyHighlightsNews
AfDB Endorses $170M Loan to Empower Women-Led Businesses and Drive Egypt’s Green Transition
The African Development Bank (AfDB) has approved a $170 million loan to support Egypt’s ongoing efforts to foster private sector growth, economic diversification, and green transition. This funding, announced in …
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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 …
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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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