Egyptian Businessmen Association
The low registration rates stemmed from a combination of bureaucracy and lengthy procedures, he explained
The MoU was signed by Executive Chairman of the Egyptian Exchange (EGX), Mohamed Farid, and Chairman of the Egyptian Businessmen Association (EBA), Ali Eissa.
This came during the meeting of the export committee at the Egyptian Businessmen Association (EBA) under Mostafa el Naggari.
The bank will offer loans for members of the association and councils as part of the state's plan to promote the industrial production and Egyptian exports.
South Korean investors will open new businesses in Egypt in the upcoming period.
Under the new law, the industrial licenses will be given in less than a week, but the risky industries will get permits in less than 30 days.