The third week of July ended with a handful of major economic developments and grand deals in the energy sector, including a six-year agreement between Petrojet and Enppi.

Fawry for Banking Technology and Electronic Payment has teamed up with Crystal Pay, the specialized digital payments arm of Crystal Mind, to launch an integrated payment solution for merchants

The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has extended an EGP 550 million financing facility to Fawry MSME Finance, a fully owned subsidiary of Fawry for Banking Technology and Electronic Payments.

Prime Minister Mostafa Madbouly announced Mostafa Ismail‏ as the new CEO of the Micro, Small, and Medium Enterprises Development Agency (MSMEDA)

Egypt’s startup ecosystem is entering a new phase of transformation with the launch of the Startup Egypt Platform, a national initiative designed to lower entry barriers and accelerate entrepreneurial growth.

The Micro, Small and Medium Enterprises Development Agency (MSMEDA) signed a financing agreement with Banque Misr worth EGP 500 million to support micro-enterprises under the Ministry of Finance's initiative to expand access to financing and encourage businesses to join the formal economy.

The Micro, Small and Medium Enterprises Development Agency (MSMEDA) signed two financing agreements worth EGP 350 million with Tamweely Financial Services to expand financing for micro-enterprises, support around 3,000 projects, and encourage businesses to join the formal economy.

Egyptian digital fleet payment solutions provider Octane has received the Entrepreneurs Award among Egypt's Top 100 Companies at the 11th Amwal Al Ghad Awards Ceremony, "Egypt for the Best Summit 2026," in recognition of its technology-driven contributions to fleet management.

The final week of June 2026 saw a series of key developments across Egypt's economy, with the Ministry of Electricity and Renewable Energy reaffirming that no electricity load shedding is planned this summer.

The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has injected EGP 79.6 billion in financing into more than 4 million diverse projects since its establishment in 1991

The fourth week of June celebrated major achievements in the Egyptian economic landscape, with key players, including Korra Energi, Scatec, and Valmore Holding, announcing projects in the energy sector.

Egyptian ministries and agencies have signed eight cooperation agreements and memoranda of understanding (MoUs) on June 24th with the French Development Agency (AFD), the European Union (EU), and several French companies, covering healthcare, education, technical training, green industry, and local development projects, the Egyptian Ministry of Foreign Affairs, International Cooperation.

The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has signed a cooperation protocol with the Egyptian Exchange (EGX) to expand the base of companies benefiting from financing instruments and markets, as part of efforts to support micro, small, and medium-sized enterprises' (MSMEs) growth and contribution to the national economy

Domty expects its newly established unit, Dairy Products Euro Arabian for Food Industries, to list on the Egyptian Exchange (EGX) next July

Minister of Investment and Foreign Trade Mohamed Farid has attended the launch ceremony of the Startup Egypt event, which represents a significant leap towards building a more integrated institutional framework to back the growth of startups.

The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) awarded Farid Academy the "Startup Label" under Egypt’s National Startup Charter

Basel Rahmy, CEO of the Micro, Small, and Medium Enterprises Development Agency (MSMEDA), participated in the launch event of Startup Egypt, highlighting the agency's efforts to back the startup ecosystem,

The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has signed a letter of intent with export technology platform EXBY to help small and medium-sized enterprises (SMEs) access new international markets and increase their contribution to Egyptian exports.

The Micro, Small and Medium Enterprises Development Agency (MSMEDA) signed two financing agreements valued at EGP 200 million with Tadbiir for Leasing & Factoring, according to a statement.

The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has provided EGP 300 million financing to Al Ahli Capital for Microfinance (Tamkeen).