ITIDA disburses second batch of export subsidies to tech firms: The CIT Ministry’s Information Technology Industry Development Agency (ITIDA) has signed off on disbursing EGP 11.9 mn in dues to 27 medium-sized technology companies eligible for the export support program, according to a statement (pdf). The companies mark the second group of 110 eligible recipients of the support program set to receive funds. ITIDA has so far disbursed some EGP 17 mn to a total of 52 firms.

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