\n El Abd disclosed the figure during a policy meeting with Ahmed Rostom, Egypt\u2019s minister of planning and economic development, where officials reviewed measures to strengthen the country\u2019s startup ecosystem and expand opportunities for founders.\n <\/p>\n
\n The discussions focused on improving coordination between government agencies, with the goal of aligning policies that support startups and enable them to scale more rapidly across sectors.\n <\/p>\n
\n Officials also explored new frameworks to create what the government described as a more \u201cstimulating environment\u201d for entrepreneurs and investors.\n <\/p>\n
\n Rostom emphasised that entrepreneurship remains a strategic priority for the government because of its potential to increase economic competitiveness and generate jobs in one of the Middle East and Africa\u2019s most populous economies.\n <\/p>\n
\n \u201cEntrepreneurship is a key priority, as it boosts the economy\u2019s competitiveness and creates new job opportunities,\u201d Rostom said.\n <\/p>\n
\n The minister also highlighted the role of NI Capital, an investment arm of the National Investment Bank, in supporting emerging businesses through financing and strategic backing.\n <\/p>\n
\n In addition, officials reviewed progress on the Erada initiative, a programme designed to simplify regulatory and legislative processes affecting businesses.\n <\/p>\n
\n Rostom said the government remains committed to improving incentive packages for startups while building sustainable financing mechanisms to support long-term growth.\n <\/p>\n
\n With hundreds of millions of dollars already flowing into the sector annually, policymakers hope further reforms will cement Egypt\u2019s position as a leading startup hub across Africa and the wider Middle East.\n <\/p>\n","protected":false},"excerpt":{"rendered":"El Abd disclosed the figure during a policy meeting with Ahmed Rostom, Egypt\u2019s minister of planning and economic…\n","protected":false},"author":2,"featured_media":528563,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[45,49,48,137],"class_list":{"0":"post-528562","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-entrepreneurship","8":"tag-business","9":"tag-ca","10":"tag-canada","11":"tag-entrepreneurship"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/528562","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=528562"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/528562\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/528563"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=528562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=528562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=528562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}