Egypt has made the small and medium-sized enterprises (SMEs) a central pillar of its sustainable development strategy and a key to creating jobs for the country’s youth.
“SMEs play a pivotal role in enhancing the manufacturing cycle in Egypt,” Prime Minister Mustafa Madbouly said Oct. 26 at a meeting of the Board of Directors of the Micro, Small and Medium Enterprises Development Agency (MSMEDA). He added, “All government agencies are mobilizing their efforts to support and develop this vital sector.”