These agreements came as follows: the first funding, worth EGP 100 million, to finance the micro project in all governorates. The second funding, worth EGP 60 million, was allocated to women in all governorates within the framework of the project to support women in microfinance.
The CEO of MSMEDA, Bassel Rahmy, announced that during his meeting with Prime Minister, Mostafa Madbouly, to follow up on the agency's efforts during the period from January to October 2023
Rahmy explained that MSMEDA invested EGP 805 million into Damietta Governorate from 2014 to 2023
Rahmy added that financing up to EGP 220 thousand per project according to its financing need,
This came within the scope of the implementation of the state’s strategy aimed at developing and reconstructing Sinai