The upcoming amendments are expected to address these issues and improve the efficiency and impact of the Export Support Fund, thereby bolstering Egypt’s export sector
Sobhi revealed that EGP 67 billion has been allocated to support over 3,000 exporting companies, including EGP 12.2 billion for the food industry alone since 2019,
The minister emphasized that boosting exports, particularly of goods, is central to the government’s strategy for achieving sustainable economic growth
The Alexandria Sea Port is vital to Egypt’s maritime industry, handling about 60% of the nation’s foreign trade.
Citing data from the Egyptian General Organization for Export and Import Control (GOEIC), Chemical and Fertilizers Export Council (CEC) chairperson Khaled Abu Al-Makarem highlighted various chemical sectors that experienced significant growth during this period