Month: December 2025

MSMEDA expands marketing support for SMEs: Rahmy

Basil Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), reaffirmed the agency’s commitment to providing strong marketing support to small and medium-sized enterprise owners by facilitating their participation in various exhibitions, particularly international fairs, to help develop their products and expand access to regional and global…

GlobalCorp issues eighth securitization bond worth EGP 2.5bn

GlobalCorp Financial Services has successfully completed its eighth securitization bond issuance, valued at EGP 2.5bn, following approval from Egypt’s Financial Regulatory Authority (FRA). The transaction falls under the company’s second approved securitization program. The issuance was structured into three tranches with varying maturities and credit ratings: Tranche A: EGP 1.3bn,…

Egypt, Sudan move to deepen industrial, trade cooperation

Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, met with Sudan’s Minister of Industry and Trade, Mahasin Ali Yaqoub, and her accompanying delegation to explore ways to strengthen bilateral relations and expand industrial and trade cooperation between the two countries. At the outset…

Egypt moves to deepen local manufacturing, cut textile imports

Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, held a meeting with Minister of Public Enterprises Sector Mohamed El-Shimy and a group of manufacturers from the spinning, textiles, ready-made garments, and home furnishings industries to discuss ways to deepen local manufacturing and reduce Egypt’s…

ECS, Expolink explore stronger cooperation to boost Egyptian exports

Head of the Egyptian Commercial Service (ECS), Abdel Aziz El-Sherif, received Mohamed Kassem, Chairperson of the Egyptian Exporters Association (Expolink), along with several members of the association’s board, to discuss ways to strengthen cooperation and enhance Egyptian exports. El-Sherif stated that the coming period will witness intensified collaboration with Expolink…
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