Egypt’s PM highlights focus on export growth, unveils localisation incentives
Egypt’s Prime Minister Mostafa Madbouly has stressed the importance of the Export Reimbursement Programme in driving Egypt’s economic growth, highlighting plans to offer unprecedented incentives for localising industries and streamlining payment procedures for exporters. Madbouly chaired a Cabinet meeting on
Egypt’s engineering exports surge 28.6% in H1 2024 – Dailynewsegypt
The Engineering Export Council of Egypt (EEC) recently reported a remarkable surge in the sector’s exports during the first half of 2024. Exports increased by 28.6%, reaching an impressive $2.599bn compared to the previous $2.02bn. Led by Sherif El-Sayyad, the
M.O. Group aims to boost exports by 50% this year – Dailynewsegypt
M.O. Group for Food Industries recently participated in the Fancy Food Show in New York from 23 to 25 June. The company’s goal is to expand its exports of candy and chocolate, primarily targeting new markets, especially the United States.
Ready-made garment exports record 23% increase in 4M 2024 – Dailynewsegypt
Marie Louis Bishara, President of the Readymade Garment Export Council, recently announced impressive growth in Egypt’s ready-made garment exports. From January to April 2024, the sector’s exports surged to $856m, a substantial increase compared to the $697m recorded during the