Business

Egypt Launches Initiative to Boost Small and Medium Enterprises (SMEs)

By Sama Marwan,

Egypt has recently launched a new initiative aimed at supporting small and medium-sized enterprises (SMEs) across the country.

The program, led by the Ministry of Trade and Industry, seeks to provide financial aid, technical assistance, and marketing support to SMEs, which are considered the backbone of Egypt’s economy.

This initiative aligns with the government’s broader goal to promote entrepreneurship and job creation.

The initiative also includes partnerships with private sector companies and international organizations to ensure a sustainable impact.

The Ministry of Trade has emphasized that boosting SMEs will increase productivity, foster innovation, and enhance Egypt’s competitiveness in global markets.

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