Reefy’s revenues surpass EGP 1bn mark in 9M 2023
Reefy Microfinance, a subsidiary of CI Capital Holding Group, announced that its revenues reached EGP 1.02bn in the first nine months of 2023, up from EGP 680m in the same…
IFC provides $50m Murabaha finance to Al Baraka Bank to support SMEs, women entrepreneurs in Egypt
The International Finance Corporation (IFC) announced on Monday a partnership with Al Baraka Bank Egypt to increase access to finance for micro-, small- and medium-sized enterprises (MSMEs) in Egypt, including…
NTRA launches initiatives for persons with disabilities
The National Telecom Regulatory Authority of Egypt (NTRA) has affirmed its commitment to empowering persons with disabilities to use modern technologies that make their lives easier and increase their productivity.…
MSMEDA updates its strategic work plan for the coming years: Rahmi
Basil Rahmi, the CEO of the Micro, Small and Medium Enterprises Development Agency (MSMEDA), said that President Abdel Fattah Al-Sisi’s directives reflect his interest in development endeavors and providing all…
State supports SMEs, provides all services for their growth: Prime Minister
Prime Minister Mostafa Madbouly has said that the Egyptian state is keen on supporting small, medium, and micro enterprises (SMEs), encouraging entrepreneurship, and providing all the necessary services for their…
MSMEDA finances 1.9 million small, micro-projects with EGP 48.3bn in President Al-Sisi’s tenure
The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has increased its performance significantly since President Abdel Fattah Al-Sisi took office in July 2014, according to its CEO Bassel Rahmi.…
Egypt rejects displacement of Palestinians: Cairo ambassador to Brussels
Egypt adopts comprehensive approach to deal with illegal migration, says Abdel Aty
Environment Minister addresses challenges of refugees, climate change in developing countries
Egypt’s Environment Minister Yasmine Fouad participated on Monday in a high-level panel discussion on the “Interconnected Refugees and Climate Initiative: The Way Forward,” launched by the King of Jordan during…
ElSewedy Industrial Development, Futur Vert Egypt to establish $50m agricultural nutrients complex
ElSewedy Industrial Development Company, a subsidiary of Elsewedy Electric, and Futur Vert Egypt, a subsidiary of the Emirati company Sharqia Holding Limited, have signed a contract to allocate an industrial…
Egypt’s Trade Minister invites Turkish companies to invest in pharmaceutical sector
The Minister of Trade and Industry of Egypt, Ahmed Samir, attended the 39th Session of the Standing Committee for Economic and Commercial Cooperation (COMCEC) of the Organization of the Islamic…