Arab Finance: Dr. Mustafa Madbouly, Prime Minister, held a meeting in the new city of El Alamein to follow up on work files Project Development Authority Medium, small and micro, in the presence of ministers and officials of a number of concerned authorities.
The Prime Minister stressed the importance of the agency in supporting entrepreneurship and economic growth, stressing the need to ensure its financial sustainability and enhance its ability to expand the financing of projects, according to an integrated vision.
Dr. Rania Al -Mashat reviewed the Ministry's efforts to coordinate with international institutions to support the agency, while the Minister of Finance, Ahmed Kajuk, pointed out the importance of developing work methods and intensifying international cooperation, and announced an initiative to support exporters.
For his part, Basil Rahmi, CEO of the agency, offered performance developments during 2025, pointing to the increase in direct financing rates to 21%, and the increase in medium projects financing to 11%. He also explained that 55% of the funds were directed to the provinces of Upper Egypt, and that 24% of the funds went for productive projects.
He also reviewed preparations for the upcoming “Our Heritage” exhibition in October, with the participation of about 1,200 exhibitors, with a focus on representing different governorates and increasing women's participation.
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