Cairo - Mubasher: Aman Holding, a subsidiary of Raya Holding for Financial Investments, has inked an agreement with the Micro, Small, and Medium Enterprises Development Agency (MSMEDA).
This agreement aims to provide EGP 300 million in funding for SMEs across all of Egypt’s governorates, according to a press release.
Bassel Rahmy, the CEO of MSMEDA, said the partnership reflects MSMEDA’s strategy to work with financial institutions to empower women and youth. He noted the funding will help entrepreneurs modernize operations, improve production quality, and stay competitive.
The CEO highlighted that the initiative supports financial inclusion and allows SMEs to benefit from the incentives of Laws 152/2020 and 6/2025.
From his side, Hazem Moghazi, the Co-CEO of Business and Commercial Affairs at Aman Holding, stated: “This agreement reaffirms our expansion strategy aimed at providing innovative financing services that support enterprises of all sizes, specifically the SME segment. Through our extensive financing network of 233 AMAN branches, we remain committed to empowering entrepreneurs and building a more inclusive and sustainable financial community across Egypt."
He added that the collaboration aims to generate jobs and contribute to Egypt’s economic development.
This partnership supports the government's goal of including more businesses in the official economy by offering important financing that helps them grow, compete, and strengthen the national economy.
In February 2026, Aman Holding won preliminary approval from the Saudi Central Bank (SAMA) to establish a consumer microfinance company in Saudi Arabia, with an initial capital of SAR 50 million.
