MSMEDA

Egypt overcame impact of Covid-19 by focusing on small enterprises - MSMEDA

Thu, 02 Jun 2022 - 06:51 GMT

The MSMEDA takes part in implementing the "Decent Life" presidential initiative, he said, adding that he chairs the economic development committee, which is tasked with coordinating with the various state bodies to create a climate conducive to expanding the establishment of small and medium-sized enterprises (SMEs).

Egypt's Tax Authority announce facilities for owners of MSMEs

Sun, 03 Apr 2022 - 01:29 GMT

Abdel Kader pointed out that this comes within the framework of cooperation between the Ministry of Finance and the Authority with the MSMEDA to facilitate the owners of medium, small and micro enterprises to register at the tax authority.

MSMEDA, Amazon.eg sign MoU to support local businesses in Egypt

Tue, 29 Mar 2022 - 03:21 GMT

Through this partnership, Amazon Egypt will support MSMEDA-registered businesses interested in availing their products to millions of customers and growing their business online.

MSMEDA signs 5 pacts to finance micro-enterprises in Aswan

Thu, 17 Mar 2022 - 02:53 GMT

Under the agreements, a host of micro-enterprises will be financed in form of loans in the most needy areas targeted by the “Decent Life” initiative in Aswan Governorate.

Political leadership provides all support to women - minister

Wed, 16 Mar 2022 - 06:17 GMT

Gamea said, on the occasion of the Egyptian Women's Day, that the MSMEDA depends on several plans to promote women's role at the economic and societal levels.

MSMEDA signs deals with Amazon, Jumia to promote Egyptian products

Sun, 13 Mar 2022 - 05:32 GMT

He noted that there are 3.7 million small, medium and micro enterprises in Egypt, a matter that reflects the agency's keenness on providing them with financial and non-financial services to enable them to grow and expand.

Small projects financing in Egypt up to LE15M

Wed, 02 Feb 2022 - 11:55 GMT

Emad pointed out that in accordance with the new project development law, the agency will start financing medium-sized projects, up to a maximum of LE 30 million pounds, so that the agency will provide various aspects of financing that help its clients to grow, expand and continue.

Egypt injects LE54B in projects in Qena during 11 months

Sun, 16 Jan 2022 - 04:35 GMT

Mahmoud Al-Ammari, director of the Qena Branch of the MSMEDA stated that the initiative in Qena targets 5 centers, which are "Dashna, Al-Waqf, Farshout, Qus, and Abu Tshat".

Industry min.: LE 1.13B pumped in Aswan in past 7 years

Thu, 30 Dec 2021 - 05:59 GMT

She added that LE 1.13 billion were pumped in the governorate in the past seven years.

Egypt injects LE 14.2M funds in 349 small projects

Tue, 07 Dec 2021 - 01:14 GMT

The Agency has implemented about 349 projects, providing nearly 931 job opportunities since the initiative began in the period (January-October) 2021, according to MSMEDA.

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.

More