Politics
Egypt to launch Cabinet unit to ease entrepreneurship hurdles, Madbouly says
October 24, 2026 at 12:28 AM
Coverage
3 reports · over 2 hours
Egyptian Prime Minister Mostafa Madbouly unveiled new government measures to support startups at the Egypt Forum 2026 in the New Administrative Capital.
- Madbouly addressed an entrepreneurship session of the Egypt Forum 2026, held October 19–24 in the New Administrative Capital.
- He confirmed the formation of a ministerial group on entrepreneurship under Cabinet supervision and the appointment of a dedicated advisor to the prime minister.
- The government plans to establish a Cabinet-affiliated unit to handle entrepreneurs' needs and remove obstacles, in coordination with ministries and international institutions.
- Madbouly announced legislative amendments and a "fund of funds" to back financing, targeting Egyptian companies reaching billion-dollar valuations.


