Export incentives program to launch between April and early FY2019-20: Egypt’s export councils have agreed to launch the new export incentives program between April and early FY2019-2020, sources familiar with the matter said, according to Youm7. The new program will focus on incentives to grow value-added exports as well as to push industry to Upper Egypt and to develop shipping and logistics operations. The strategy should be in final form for Cabinet review soon, and the Trade Ministry will discuss the final details of the program with the Cabinet economic group on Monday, the domestic press reported.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
EGX’s newest investors meet their first selloff
Heavy borrowing, margin calls, and looming repayments could make a…