MSMEDA injects EGP 2.2bn to finance Menoufeya projects

June 13, 2026

በAI የተዘገበ

Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency, announced that the agency injected EGP 2.2bn in financing into Menoufeya between July 2014 and April 2026.

The funding supported medium, small and micro enterprises along with infrastructure, community development and training projects.

Rahmy issued the statement on Saturday to mark Menoufeya’s National Day and stressed the agency’s commitment to cooperation with the governorate.

MSMEDA delivered more than 22,400 services through one-stop-shop centres including licences, tax cards and social insurance. It also supported production clusters and events such as the Turathna Exhibition.

ተያያዥ ጽሁፎች

MSMEDA invests EGP 939m in Sinai to support SMEs and create jobs

The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has channeled EGP 939.4 million into North and South Sinai from 2014 to 2025, financing nearly 10,000 projects and creating around 25,000 jobs. It allocated EGP 23 million in grants for infrastructure, community development, and training, generating about 300,000 workdays. The agency issued a statement highlighting efforts to boost self-employment among youth, graduates, and women.

MSMEDA provides EGP 1.5bn for green economy projects since 2014

June 06, 2026 በAI የተዘገበ

Bassel Rahmy, Chief Executive Officer of the Micro, Small and Medium Enterprise Development Agency, announced on 6 June 2026 that the agency has provided EGP 1.5bn in financing for green economy projects between July 2014 and April 2026. The statement was made on the sidelines of World Environment Day celebrations. MSMEDA has also allocated EGP 600m to support conversion of vehicles to dual fuel operation.

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Egypt and Jordan step up cooperation to support SMEs

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Planning minister reviews investment plan with Menoufeya governor

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Egypt signs agreement to launch ‘CARRY ON’ franchise chain

Madbouly chairs meeting to review Sinai development plans

Prime Minister Mostafa Madbouly chaired a high-level meeting on Sunday to review executive plans for developing the Sinai Peninsula and boosting investments, as part of the government's strategy for balanced urban growth. Officials reported that 975 projects worth EGP 638 billion have been implemented since 2014. The efforts aim to drive economic growth and increase population density in the region.

Madbouly reviews progress of development projects in New Valley

June 09, 2026 በAI የተዘገበ

Egypt’s Prime Minister Mostafa Madbouly held a meeting on Tuesday to review the progress of service and development projects in New Valley Governorate.

Prime Minister Madbouly tours Benha Investment Zone to boost industry and exports

Egypt's Prime Minister Mostafa Madbouly inspected several industrial facilities in the Benha Investment Zone on Saturday, as part of government efforts to support local investment, enhance industrial production, and expand exports. He was accompanied by the ministers of investment and foreign trade, industry, and the governor of Qalyubeya. Madbouly reaffirmed the government's commitment to facilitating investments and developing integrated industrial zones.

June 02, 2026 01:28