Latest in Tag: MSMEDA Highlight
Latest in Tag: MSMEDA

EU, AFD cooperate with MSMEDA on establishing potable water tank in Giza
They emphasized that the EU and AFD are strategic partners to Egypt and supporters of development efforts in all the governorates, particularly, sustainable development endeavors in underdeveloped areas.

MSMEDA pumps EGP 36bn to finance 1.4 million small, micro projects within 7 years
MSMEDA provides marketing services free of charge to small projects during Turathna Exhibition

UNDP, MSMEDA renews cooperation on supporting small businesses in Egypt
Cooperation between UNDP, MSMEDA dates back more than 20 years, says Minister Gamea

Egypt injects EGP 32.3bn into 1.4 million small, micro projects over 7 years
Egypt’s SMEs Development Agency also provides over 400k services through its 33 branches nationwide

Egypt’s MSMEDA, Agriculture Ministry sign MoU to support small farmer projects
The MoU’s signing was witnessed by Minister of Trade and Industry and MSMEDA CEO Nevine Gamea and Minister of Agriculture and Land Reclamation Elsayed Elkosayer.

EU, EIB, MSMEDA inspect Community Development Programme projects in Port Said
Visit highlights support for community development in Egypt which is taking place in six governorates

SMEs Development Agency injects EGP 2.4bn in infrastructure over 6 years
Agency keen to continuously coordinate with International Cooperation Ministry in providing necessary funding for national projects

New tax facilitation in pipeline for SMEs: Trade Minister
MSMEs exempted from stamp tax, documentation fees, while custom duties on machinery, equipment reduced from 5% to 2%

MSMEDA provides EGP 3.7bn in funding to youth projects during 11M 2020
The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) provided EGP 3.7bn in funding to 124,000 small and micro businesses from January to November 2020, according to Minister of Trade and Industry, and MSMEDA Executive Director Nevine Gamea. The funding helped create a total of 195,000 job opportunities, Gamea said. She added that EGP 119m …

MSMEDA, NGOs to launch environmental, health awareness campaigns
EGP 140m earmarked for range of environmental, health, kindergarten services and illiteracy eradication projects

MSMEDA grants EGP 228m to labour-intensive projects in 11 governorates
The funding comes as part of the agreement’s activities, which the agency has implemented with funding from the European Union (EU), to address the root causes of irregular migration.

MSMEDA to take part in BiznEX on 9-10 December
Agency aims to provide all forms of support to young entrepreneurs in light of state’s interest in MSMEs, says Nevine Gamea

MSMEDA, Banque Misr sign EGP 500m worth microfinance contract
The contract was signed by Minister of Trade and Industry and MSMEDA Executive Director Nevine Gamea and Banque Misr Chairperson Mohamed El Etreby.

Egypt ETA signs MoU with MSMEDA to facilitate SME establishing procedures
The agreement aims to support integration of the informal sector into the formal sector.

MSMEDA grants EGP 1.2bn to CNG conversion of 147,000 cars over 3 years
Negotiations take place with vehicle manufacturing companies to enforce vehicle warranties following conversion to gas

MSMEDA provides all possible support to Egypt handicrafts: Trade Minister
“Torathna” exhibition periodically organised to improve country’s handicrafts sector

MSMEDA finances 55k projects in Qena with EGP 1.1bn
Agency and NGOs working in Qena partner up to provide EGP 11.45m finance to micro projects

MSMEDA develops plan to improve SMEs sector post-COVID-19: Trade Minister
Gamea explained that the agency is keen to meet with governors and leaders of the authorities working in the SMEs sector.

MSMEDA finances projects for Egyptian returnees from Libya
Agency is implementing state directives to provide financial, technical, training services to those returning from abroad, says Nevine Gamea

MSMEDA provides EGP 2.3bn financing for infrastructure, community development under Al-Sisi
Projects provide nearly 30m job opportunities for daily workers nationwide, says Nevine Gamea

MSMEDA finances over 1.2m projects with EGP 27.1bn during Al-Sisi’s presidency
Agency partners with Ministry of Petroleum and Mineral Resources on project converting cars to dual-fuel system

MSMEDA aims to finance 200k micro projects with EGP 3bn in 2020
Agency provided EGP 3.5bn in funding to about 240,000 micro projects between January 2019 and April 2020

MSMEDA offers EGP 1.19bn finance for 48,743 small, micro projects last 4 months
Funding size is good, given negative economic effects of coronavirus, says Gamea

MSMEDA allocates EGP 5.4bn to female microenterprises
Finance expected to reach 216,000 projects over five years, providing 250,000 jobs, says Gamea

MSMEDA, Banque du Caire contribute EGP 620m to finance 40,000 micro-projects
First contract worth EGP 500m will finance micro-projects, second project for financing women is worth EGP 120m, says Gamea

MSMEDA works with 100 civil associations on illegal immigration
Agency’s move comes in cooperation with EU support to improve employment opportunities for Egypt’s youth

MSMEDA issues COVID-19 guide to protect small enterprises
The guidance comes with the aim of helping project owners apply these measures to combat the coronavirus and limit its spread within their projects.

MSMEDA launches new initiative to finance small projects affected by coronavirus
Agency offers soft loans up to EGP 1m to support small-sized enterprises: Gamea

MSMEDA allows clients indefinite loan deferment
Agency to pump new funds for activities currently booming due to spread of coronavirus

Gamea asserts MSMEDA commitment to projects development despite coronavirus
Agency allocates EGP 10m to convert vehicles to dual-fuel in cooperation with “Car Gas”