During the meeting, Farid affirmed the state’s commitment to providing full support to start-ups and addressing any regulatory gaps that may hinder their development. He stressed that the business environment must serve as an enabler for promising enterprises rather than an obstacle to their growth. The minister said the ministry is working to streamline incorporation, valuation and financing procedures in a manner that reflects the life cycle of start-ups, from early-stage formation through successive funding rounds and expansion phases. Farid added that the discussions were intended to strengthen entrepreneurs’ confidence in Egypt’s investment climate by introducing practical policies and procedures that facilitate companies’ operations and mobility within the market. In addition to providing technological solutions that improve efficiency across sectors, he said, supporting start-ups enhances productivity, boosts economic competitiveness and accelerates the transition towards a knowledge-based economy.

Source: Daily News Egypt March 01, 2026 14:23 UTC