Egyptian government funds over 12K micro businesses in 2023

Tue, 02 Jan 2024 - 02:45 GMT

The ministry also screened 146 industrial and investment plots nationwide to determine unoccupied land plots.

Egyptian ministry reveals number of small projects funded through 'Mashrouak'

Thu, 05 Oct 2023 - 04:24 GMT

They created 1.6 million jobs.

Egypt provides social assistance worth tens of millions of pounds to North Sinai residents

Mon, 04 Sep 2023 - 11:23 GMT

Minister of Social Solidarity visited North Sinai Friday.

MoU signed to fund over 2.4K enterprises among dwellers of Egypt's 'Decent Life' villages

Wed, 30 Aug 2023 - 02:19 GMT

Those are located across seven governorates.

Egypt launches training, funding programmes at universities within 'Productive Student' initiative

Tue, 15 Aug 2023 - 03:05 GMT

Minister of Social Solidarity Nevine al-Qabbaj announced Monday the launch of a number of training programmes within the "Productive Student" initiative.

Egypt allocates LE56M to train, microfinance women in Upper Egypt

Thu, 01 Jun 2023 - 02:17 GMT

The Ministry of Social Solidarity revealed Wednesday a project to train women in Menya, Qena, and Luxor governorates on business management, and finance their micro enterprises.

Investment volume in startups in Egypt slightly declined to $450M this year

Mon, 26 Sep 2022 - 07:15 GMT

The startups in Egypt is developing its performance and is aiming to increase it from the current size.

Egypt's law allows allocating 30% of lands of industrial, tourist areas to SMEs

Thu, 22 Sep 2022 - 07:16 GMT

Egypt's law allows allocation of vacant lands in industrial and tourist areas for small and medium enterprises.

What is the difference between Small, medium, micro enterprises?

Mon, 05 Sep 2022 - 07:23 GMT

The law defines each of the medium, small and micro projects, and the newly established project.

Egypt’s Intl. Cooperation min., UNDP, Catalyst Partners team up on 'Impact Investing'

Sun, 28 Feb 2021 - 11:22 GMT

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.

2K small enterprises founded in Egypt in September 2020 through 1 funding program

Wed, 04 Nov 2020 - 12:49 GMT

That is through the SME's funding program "Mashrouak" (Arabic for Your Project).

Fund provides LE27M for 3,511 enterprises in FY2018-2019

Tue, 04 Jun 2019 - 01:20 GMT

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

Sat, 01 Jun 2019 - 02:21 GMT

SCzone houses 167 enterprises, Chairman of the Suez Canal Authority Mohab Mamish stated.

CBE governor launches ‘NilePreneurs’ initiative

Sun, 17 Feb 2019 - 03:26 GMT

NilePreneurs deploys the latest technological applications to provide technical and administrative support.

Business news wrap-up

Sat, 28 Oct 2017 - 05:37 GMT

A wrap-up for the most prominent business news of the day.