Every StartupHub.today article filed under Small and Medium Enterprises.
Khalifa Fund is shaking up how startups get funding in the UAE! They've launched 7 new programs designed to help businesses from their very start, through growth and expansion, and even to adopt AI. This big move aims to make the UAE economy even more competitive.
Irada Finance, a leading non-banking financial institution, has teamed up with the United Nations Population Fund (UNFPA) in a strategic partnership. This collaboration aims to significantly enhance financial inclusion and economically empower women and youth across Egypt. They'll achieve this through various programs focusing on financial literacy, entrepreneurship development, and direct support for small businesses.
Egypt's microfinance sector is really booming! By the end of March 2026, total microfinance balances hit an impressive EGP 108 billion. Plus, financing for small and medium-sized businesses reached EGP 25.3 billion, showing strong and continued growth across the sector.
Egypt's SME Development Agency has just received a fantastic international award! They've been recognized as the 'Best Innovative Government Program for Startup Support in Egypt for 2026.' This honor highlights their amazing efforts in providing crucial funding and championing entrepreneurship to help startups thrive.
Egypt's Prime Minister has appointed Dr. Mostafa Ismail as the new CEO of the Micro, Small and Medium Enterprises Development Agency (MSMEDA). He takes over from Dr. Bassel Rahmy, with a clear mandate to continue and enhance efforts to support entrepreneurs and boost funding for small and medium-sized businesses.
The SME Development Agency is launching the exciting 'Turathna' exhibition tomorrow, Thursday, in the North Coast! This fantastic event will feature over 200 projects showcasing beautiful handicrafts and traditional industries, all aimed at supporting small businesses and boosting the market for amazing Egyptian products.
