entrepreneurship
This demonstrates the sector's significant contribution to economic growth and its capacity to employ a large number of young people, according to Rezk.
Ehab added that the sector has created approximately 50,000 direct jobs and 250,000 indirect jobs.
TikTok continues to be a key partner in enhancing the creative economy in Egypt, playing a pivotal role in empowering entrepreneurs and creators through its innovative platform, underscoring the short-video platform’s indispensable tool for expanding businesses.
MSMEDA is currently working with various state institutions to implement the Small Enterprise Development Law
Heiba stated that the establishment of the unit aligns with the directives of President Abdel Fattah El-Sisi and Prime Minister Mostafa Madbouly to create a dedicated platform to support entrepreneurs and startups
The AfDB funded the project, while GAFI delivered the workshops through Fekretak Sherketak Center.
The announcement was made during the CBE’s participation in the second forum on information technology systems, which was organized by the Egyptian Federation for Financing Medium, Small and Micro Enterprises (MSMEF).
On the sidelines of the summit, ElZaher met with a group from the TIEC Innovation Ambassador (TIEC-IA) program. ITIDA’s CEO praised their efforts and stressed the importance of the role they play in realizing ITIDA’s goal of spreading the culture of entrepreneurship and innovation
Minister of Telecommunications and Information Technology Amr Talaat met Thursday with Latvian Ambassador to Egypt Andris Razans.
Emad Raouf, founder of the Liberal Club of Cairo, said the Egyptian administration focused on preparing the investment environment to accommodate startups and facilitating their establishment procedures in the last ten years.
Amr Ali, the coordinator of the April 6 Youth Movement, said support to entrepreneurship in Egypt requires eliminating bureaucracy, which imposes restrictions on entrepreneurs.
The 4th edition of Startups Without Borders summit will take place on the 10th and 11th of February at Cairo Business Park, East Cairo’s Business, Innovation and Entrepreneurship hub. Since 2018, Startups Without Borders has been building world-class events where diversity takes center stage, gathering over 12,000 entrepreneurs from the MENA and Europe across different cultures and nationalities.
In the next phase, 40 finalists will be selected from the 100 contestants.
The protocols were signed during the third annual forum of startup companies launched by the Ministry of Planning in cooperation with the Greek Campus. The protocols were signed during the third annual forum of startup companies launched by the Ministry of Planning in cooperation with the Greek Campus.
The courses, designed for women in villages and cities, were held as part of the lending and savings project, she added.
Al-Mashat shared that 60 percent of the Egyptian population is under the age of 35, confirming the importance of entrepreneurship, innovation and job opportunities created through SMEs, coupled with developing the capacity of youth, and the role of the private sector in achieving these goals.
The workshops of the World Youth Forum Labs (WYF Labs) were held Saturday.
Two accelerators that are affiliated with Egypt Ventures witnessed 60 startups graduate from Falak Startups, with a value of LE 31 million, while 23 companies graduated from EFG-EV Fintech, with a value of LE 35 million in 2021.
Meet Oumnia Boualam, the woman who took a leap of faith out of the corporate world into social media and entrepreneurship to high achieving women reach their goals.
The first prize was awarded to a team of three young women from Aswan governorate.
