The startups in Egypt is developing its performance and is aiming to increase it from the current size.
Egypt's law allows allocation of vacant lands in industrial and tourist areas for small and medium enterprises.
The law defines each of the medium, small and micro projects, and the newly established project.
As part of this broader scope of work, UNDP and the Egyptian private equity Catalyst Private Equity (CPE) will put in practice an impact measurement towards the SDGs of private sector enterprises and private investments.
That is through the SME's funding program "Mashrouak" (Arabic for Your Project).
The Local Development Fund provided loans worth LE27 million for 3,511 micro and small enterprises in 11 governorates in the FY2018-2019.
SCzone houses 167 enterprises, Chairman of the Suez Canal Authority Mohab Mamish stated.
NilePreneurs deploys the latest technological applications to provide technical and administrative support.
A wrap-up for the most prominent business news of the day.