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Planning Minister Rostom Outlines Strategies for Egyptian Startups Support

Cairo:Planning Minister Ahmed Rostom engaged in discussions with NI Capital's management regarding the implementation of initiatives aimed at bolstering entrepreneurship and supporting startups in Egypt.

According to State Information Service Egypt, the meeting, held on November 5, 2026, focused on executive steps and timelines for supporting entrepreneurship, financing plans, and national initiatives. This is in line with directives from President Abdel Fattah El Sisi and recommendations from the Egypt Forum 2026.

The discussion was attended by NI Capital Chairman Mostafa El Hayawan and Managing Director Mohamed Metwally. Rostom emphasized the strategic role of entrepreneurship in economic development, innovation, and investment stimulation. He highlighted ongoing government efforts to coordinate entrepreneurship initiatives through the Ministerial Committee for Entrepreneurship.

Rostom also mentioned the ministry's commitment to creating a supportive environment for startups and stressed the need for integration among ecosystem players. He reviewed pioneering initiatives such as the "100 Million Learners" program in collaboration with the Thunderbird School of Global Management.

Furthermore, Rostom discussed the Executive Plan for Supporting Entrepreneurship and Startups, which aims to establish a unified definition of startups and facilitate access to incentives. He urged for the expeditious establishment of the "Billion-Dollar Startups Program" and highlighted the importance of launching the Startups Fund to empower entrepreneurs and support their market expansion.

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