EU and AFD laud Cooperation with MSMEDA on establishing potable water tank in Giza

Tue, 26 Oct 2021 - 02:13 GMT

EU and AFD laud Cooperation with MSMEDA on establishing potable water tank in Giza

International financial institutions, donor agencies admire products of Egypt's Turathna Exhibition 2021

Mon, 11 Oct 2021 - 03:04 GMT

Minister of Trade and Industry Executive Director Ms. Nevine Gamea received a high-ranking group of international financial institutions and donor agencies during their visit to the third edition of Turathna Exhibition.

Egypt discusses developing MSMEs & supporting small enterprises

Wed, 22 Sep 2021 - 04:19 GMT

In 2020, the Ministry of International Cooperation secured a total development financing worth $457 million through multilateral and bilateral cooperation for Micro, Small and Medium Enterprises (MSMEs).

Egypt injects LE101M to finance small projects in Assiut within 7 months

Sun, 29 Aug 2021 - 03:36 GMT

These projects include approximately LE 53 million for about 7 centers targeted by the "Decent Life" initiative, which are: "Dairout, Manfalut, Abnoub, Al-Fath, Sahel Selim, Abu Tig and Sedfa", which achieved more than 5,700 job opportunities.

Egypt offers LE 2.8B in financing for small and micro projects in 6 months

Sun, 15 Aug 2021 - 05:48 GMT

Young people in the age group of 30-40 years received up to 36 percent of this funding, and the governorates of Upper Egypt benefited by more than 43 percent of the funding.

Cooperation between MSMEDA, banks worth LE 1.4 billion to fund Haya Karima villages: official

Sat, 07 Aug 2021 - 05:30 GMT

The Haya Karima is a presidential initiative that aims to achieve comprehensive development nationwide and advance the Egyptian countryside through the development of infrastructure and facilities.

Egypt finances micro-enterprises by LE 13.5B over 6 years

Tue, 02 Mar 2021 - 03:32 GMT

Gamea added Tuesday that 1.24 million micro-projects were funded during that period, providing more than 1.613 million job opportunities.

MSMEDA provides fundings worth LE 2.4B

Mon, 01 Feb 2021 - 04:09 GMT

MSMEDA provided 30 million daily work for irregular workers from July 2014 until the end of 2020

Egypt's industry Min. reviews tax brackets in the Medium, Small Enterprises Law

Tue, 12 Jan 2021 - 01:56 GMT

The law provides a simplified tax system for the medium, small and micro enterprises sector, and the volume of sales or business is determined through a simplified tax return that the project owner prepares once a year and does not require books, documents or purchase invoices.

Egypt funds small, micro projects with LE3.7B in 11 months

Sun, 03 Jan 2021 - 11:03 GMT

Gamea clarified in a statement, Sunday, that these projects provided 195,000 job opportunities.

MSMEDA: Value of MSME projects worth LE 28.8B over six years

Wed, 18 Nov 2020 - 03:14 GMT

As per financial services, women participation in the one-window services represented 29 percent of the total services, including issuing licenses, identification cards, tax statements and social insurance.

MSMEDA signs contracts worth LE 228M to upgrade infrastructure in 11 governorates

Wed, 28 Oct 2020 - 04:34 GMT

Under the contracts, the MSMEDA shall carry out projects to upgrade infrastructure in the 11 governorates.

MSMEDA: EU, FDA delegaion inspect urban development projects

Thu, 27 Aug 2020 - 11:49 GMT

The delegation inspected a water storage tank project of Ard el Lewa district in Giza whose cost stood at about LE 24 million.

Trade minister unveils urgent plan to upgrade SMEs sector

Tue, 14 Jul 2020 - 03:23 GMT

The meetings also tackle the different investment opportunities in each governorate so that youth could benefit from them, she added.

IFC cooperates with Egypt in strengthening clean tech start-ups, enabling farmers to switch to solar

Tue, 14 Jul 2020 - 10:11 GMT

IFC announced Tuesday joining forces with the National Bank of Egypt and the Micro, Small and Medium Enterprise Development Agency (MSMEDA) to strengthen the clean technology entrepreneurship sector .

Nevine Gamea to remain CEO of MSMEDA for another year

Tue, 07 Jul 2020 - 12:27 GMT

Madbouli also issued a decision appointing Tarek Shash, Head of the Central Sector for Planning and International Cooperation in the agency, as the deputy chief executive of the agency.

EU, EIB, MSMEDA launch 2nd phase of Community Development Program in Egypt

Mon, 08 Jun 2020 - 02:25 GMT

MSMEDA signed Framework agreements with five Egyptian governorates to support the provision and enhancement of community facilities, including drinking water networks, sewage networks, paving side roads with interlocking paving, schools, health clinics, a

MSMEDA funds micro enterprises with LE 620M via Banque Du Caire

Wed, 13 May 2020 - 11:36 GMT

These projects come to present all aspects of support to the projects of the youth and women.

Trade min.: MSMEDA financed 44,000 projects worth LE 960M

Thu, 30 Apr 2020 - 03:00 GMT

These projects secured around 66,000 job opportunities for young people across the nation, Gamea added in a statement released by the agency on Sunday.

MSMEDA, EU sign €27M grant deal on irregular migration

Sun, 02 Feb 2020 - 03:19 GMT

The agreement will be effective across 11 governorates that most suffer from illegal immigration, including Beheira, Sharqiya, Minya and Luxor.