News

MSMEs Represent Over 80% of Egyptian Economy

Giving More to Your Wealth
24 Feb 2022

The Minister of Trade & Industry revealed that MSMEs (micro-, small- & medium-sized enterprises) represent over 80% of Egypt’s economy. She said this is the reason why the government is determined to continuously strengthen this crucial segment of the private sector. On top of their home-grown MSME enhancement initiatives, the government is also collaborating with numerous international partners such as the MSMEDA (Micro, Small and Medium-Sized Enterprises Development Agency) to deliver development programs targeted at this large group of companies.

(Source: al-Ahram (English), Egypt Today (English), Daily News Egypt (English), al-Masry al-Youm, al-Watan, Sada el-Balad)

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