{"id":595544,"date":"2019-09-30T04:13:12","date_gmt":"2019-09-30T04:13:12","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/30\/dice-says-govt-owes-it-egp-200-mn-in-export-subsidies\/"},"modified":"2019-09-30T04:13:12","modified_gmt":"2019-09-30T04:13:12","slug":"dice-says-govt-owes-it-egp-200-mn-in-export-subsidies","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/30\/dice-says-govt-owes-it-egp-200-mn-in-export-subsidies\/","title":{"rendered":"Dice says gov\u2019t owes it EGP 200 mn in export subsidies"},"content":{"rendered":"

<\/a> Dice wants a piece of the Export Subsidy Fund: <\/b>Dice Sport and Casual Wear has said the government owes it EGP 200 mn in overdue export subsidies and has requested payment under the newly-implemented EGP 6 bn subsidy export framework<\/a>, Al Mal reported<\/a>. The company said it is owed EGP 125.8 mn from the government in overdue payments for 2018.<\/p>\n

Background: <\/b>Egypt last week inked undisclosed settlement agreements with Schneider Electric<\/a> and Sumitomo Tires<\/a> under the Export Subsidy Fund. The government has received 100 requests<\/a> from companies to settle around EGP 900 mn worth of overdue subsidy payments through the new mechanism. The government has said large companies could speed up their repayments by announcing future investment plans in Egypt.<\/p>\n","protected":false},"excerpt":{"rendered":"

Dice wants a piece of the Export Subsidy Fund: Dice Sport and Casual Wear has said the government owes it EGP 200 mn in overdue export subsidies and has requested payment under the newly-implemented EGP 6 bn subsidy export framework, Al Mal reported. The company said it is owed EGP 125.8 mn from the government […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[3511,72,2380,98,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-595544","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-dice-sport-and-casual-wear","tag-enterpriseam","tag-speed-round","tag-subsidies","tag-trade","wpautop","entry"],"acf":{"mongo_id":"a3ace593-7083-47ae-ba96-dd236b530b18","is_powered_by":true,"section_story_id":"7419683f-a83b-448e-a82f-0692c8bcdbeb","story_type":"1","photo_url":"","photo_position":"above","related_issue":[595533],"teaser":"","voice_url":""},"yoast_head":"\nDice says gov\u2019t owes it EGP 200 mn in export subsidies - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/30\/dice-says-govt-owes-it-egp-200-mn-in-export-subsidies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dice says gov\u2019t owes it EGP 200 mn in export subsidies\" \/>\n<meta property=\"og:description\" content=\"Dice wants a piece of the Export Subsidy Fund: Dice Sport and Casual Wear has said the government owes it EGP 200 mn in overdue export subsidies and has requested payment under the newly-implemented EGP 6 bn subsidy export framework, Al Mal reported. 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This brings the total number of agreements signed with exporters since\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/9\/68.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":621743,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/whats-happening-with-the-promised-release-of-export-subsidy-funds-ask-egypts-exporters\/","url_meta":{"origin":595544,"position":2},"title":"What\u2019s happening with the promised release of export subsidy funds, ask Egypt\u2019s exporters","author":"enterpriseam admin","date":"18 November 2018","format":false,"excerpt":"What\u2019s happening with the promised release of export subsidy payments, ask Egypt\u2019s exporters: Egyptian exporters frustrated by what they feel is a lack of action from the government on releasing long-overdue export subsidies are urging Prime Minister Moustafa Madbouly to take action. 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The long list of companies\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/112.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592690,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/04\/egypt-gives-exporters-egp-600-mn-in-tax-breaks-to-settle-overdue-subsidies\/","url_meta":{"origin":595544,"position":5},"title":"Egypt gives exporters EGP 600 mn in tax breaks to settle overdue subsidies","author":"enterpriseam admin","date":"4 November 2019","format":false,"excerpt":"FinMin gives exporters EGP 600 mn in tax breaks to settle overdue subsidies: The Finance Ministry has settled EGP 600 mn in overdue export subsidies in the past three months via providing tax breaks, Vice Finance Minister Ahmed Kouchouk said. 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