Basel Rahmy, Chief Executive Officer of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), affirmed that the Agency is intensifying coordination with all relevant stakeholders to ensure that innovators and start-ups receive (...)
The Central Bank of Egypt (CBE) recently organized a seminar on "Current and Emerging Regulatory Developments", attended by representatives from approximately 23 African central banks, members of the Association of African Central Banks (AACB). The (...)
أصدر مركز المعلومات ودعم اتخاذ القرار بمجلس الوزراء، عددًا جديدًا من مجلة "آفاق اقتصادية معاصرة"، وهي مجلة تصدر شهريًّا عن المركز لتقدم إطلالة على الآراء الاقتصادية المختلفة لأبرز الخبراء والمحللين سواء من داخل مصر أو من خارجها والتي تشغل الدوائر (...)
أصدر مركز المعلومات ودعم اتخاذ القرار بمجلس الوزراء، عددًا جديدًا من مجلة "آفاق اقتصادية معاصرة"، وهى مجلة تصدر شهريًّا عن المركز لتقدم إطلالة على الآراء الاقتصادية المختلفة لأبرز الخبراء والمحللين سواء من داخل مصر أو من خارجها والتي تشغل الدوائر (...)
The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has signed a financing agreement worth EGP 300m with Reefy Microfinance Enterprise Services to support micro enterprises across Egypt.
The agreement was signed by Mohamed Medhat, (...)
Egypt's Medium, Small, and Micro Enterprise Development Agency (MSMEDA) signed on Tuesday a micro-finance project agreement with Reefy Micro Enterprise Services Company, providing 300 million Egyptian pounds in funding to support micro enterprises (...)
Women account for 50 per cent of clients at Egypt's Micro, Small and Medium Enterprise Development Agency (MSMEDA), its CEO said Saturday, underscoring its drive to support young entrepreneurs and recent graduates.
Speaking at the fourth Egyptian (...)
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), said that the sweeping transformations driven by artificial intelligence—alongside the opportunities they present to enhance analytical and supervisory capabilities—also introduce a new (...)
Central Bank of Egypt (CBE) Governor Hassan Abdalla called for stronger regional coordination to confront mounting global financial risks, in a keynote speech at the Arab Monetary Fund's (AMF) 20th High-Level Meeting in Abu Dhabi.
The two-day (...)
Egypt will host the first Egyptian–African Economic Conference on Saturday at Al-Ahram's headquarters in Cairo, under the patronage of Prime Minister Mostafa Madbouly and Abdel Sadeq Al-Shorbagy, chairperson of the National Press (...)
Egypt's financial system remained stable in early 2025, supported by a stronger banking sector, higher foreign reserves, and improved investor sentiment, the Central Bank of Egypt (CBE) said in its March 2025 Financial Stability Report on (...)
أعلن بنك القاهرة عن فتح باب التقديم لعدد من الوظائف الجديدة في قطاعات مختلفة، وذلك في إطار خطته لتطوير كوادره وتعزيز كفاءاته المصرفية.
وتشمل الوظائف المطروحة فرصًا مميزة للراغبين في الانضمام إلى فريق عمل البنك في بيئة احترافية ومحفزة.
الوظائف (...)
Egypt's Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has provided EGP 57.9bn ($1.2bn) in financing for projects over the past 11 years, creating approximately 3.4 million jobs across all governorates, its chief executive has (...)
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), hosted Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), and his delegation for a series of strategic discussions aimed at expanding bilateral cooperation between the two (...)
Commercial International Bank (CIB) reported second-quarter (Q2) 2025 consolidated net income of EGP 16.7bn, or EGP 4.88 per share, marking a 7% increase from Q2 2024.
The bank's management commented: "Building on a strong start to the year, CIB (...)
Prime Minister Mostafa Madbouly chaired a meeting on Sunday at the government headquarters in New Alamein City to follow up on key files and activities of the Micro, Small and Medium Enterprise Development Agency (MSMEDA). The meeting brought (...)
Egypt's Micro, Small and Medium Enterprises Development Agency (MSMEDA) has injected EGP 2.2bn into 51,000 projects in the governorate of Alexandria since July 2014, its chief executive said.
Basel Rahmy stated that the financing, provided between (...)
Finance Minister Ahmed Kouchouk announced that EGP 5bn has been earmarked in Egypt's new 2025/2026 state budget—effective from 1 July—to support micro, small, and medium-sized enterprises (MSMEs). The funding is intended to make financing more (...)
Approximately 24,000 small and micro-enterprises led by women have been financed across Egypt since 2020 under the Women's Enterprise Support Programme, according to Basel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (...)
Egyptian developer ADD Developments and Hyatt Hotels Corporation have signed a strategic memorandum of understanding to expand their hotel and branded residential investments in Egypt, backed by an investment plan of approximately $265m.
The Tuesday (...)
Rising regional tensions loomed over the 10th edition of the Amwal Al Ghad Awards on Monday, as reports emerged of US military bases in Qatar and Kuwait being targeted. Despite the escalation, organizers emphasised Egypt's economic resilience and (...)
Egypt's Prime Minister Moustafa Madbouly met on Tuesday with Hyatt Hotels' regional president Javier Águila and ADD Developments chairman Basel Sami Saad to discuss expanding Hyatt's investments in the country's hospitality sector, the government (...)
Egypt's Financial Regulatory Authority (FRA) is preparing to implement Basel III capital standards across the non-bank financial sector to boost financial resilience and attract foreign investment, FRA Chairman Mohamed Farid told Prime Minister (...)
The fourth renewal of Hassan Abdalla's mandate at the helm of the Central Bank of Egypt leaves an unresolved puzzle: why does he continue to hold the title of "acting governor" rather than full governor?
The provisional designation was (...)
Egypt's Egyptian Financial Supervisory Authority (FRA) has issued new financial solvency standards for companies and entities operating in non-banking financial activities, aligning the sector for the first time with Basel III international (...)
