Export Sector

Parliament passes bill on new export, investment guarantee agency

Mon, 30 Oct 2023 - 01:54 GMT

According to a statement, the EEIGA will receive a paid-up capital of EGP 50 million and a total authorized capital of EGP 600 million

Egypt supports export sector with LE 28B since beginning of "refund of arrears" initiative

Tue, 29 Jun 2021 - 02:54 GMT

The minister indicated in a statement Tuesday, that since the beginning of the implementation of the initiatives to return the “arrears” of the dues of the exporting companies in October 2019, so far, the exporting companies have been supported with LE 28 billion; It is a subsidy that has not previously been allocated to the export sector; reflecting the state's keenness to stimulate exports.

Egypt spends LE 21.5B to support export sector, exporters

Wed, 17 Feb 2021 - 10:47 GMT

Maait clarified that the last initiative was "immediate cash payment" with a 15 percent discount.

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