{"id":663793,"date":"2025-04-15T00:00:00","date_gmt":"2025-04-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/"},"modified":"2025-04-15T00:00:00","modified_gmt":"2025-04-15T00:00:00","slug":"govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/","title":{"rendered":"Gov\u2019t kicks off EGP 30 bn financing initiative for industrial players"},"content":{"rendered":"

The Industry Ministry launched the first phase of a new EGP 30 bn financing initiative <\/strong>offering reduced 15% interest rates to seven priority industrial sectors<\/strong>, according to a ministry statement<\/a>. The initiative will target pharma, food, engineering, chemicals, textiles, mining, and building materials private sector projects and cover machinery, equipment, and production lines at the discounted rate for five years. <\/p>\n

ICYMI- <\/strong>The government last year suspended<\/a> a EGP 120 bn program<\/a> for industrial and agricultural players that it had approved in March after the initiative ran into difficulties and reportedly benefitted only a few industrial players. The news yesterday follows an announcement by the ministry in August that the state would resume<\/a> its plans to offer the subsidized loans.<\/p>\n

You\u2019d be hard pressed to find better rates. <\/strong>Although four percentage points higher than the last batch<\/a> of cut-rate finance for industry and agriculture, the 15% interest rate charged in the initiative is nearly half the central bank's post-float 28.25% lending rate.<\/p>\n

Some projects will get an even more favorable rate<\/strong>, with an additional 2% cut for projects that boost local added value or introduce new industrial activities that could replace imports. <\/p>\n

The hospitality sector is also getting a push from government-subsidized loans<\/strong>, after the state launched a EGP 50 bn program<\/a> in October offering subsidized loans to tourism players at a 12% interest rate.<\/p>\n","protected":false},"excerpt":{"rendered":"

The program will offer an additional 2% cut for projects that introduce new industrial activities<\/p>\n","protected":false},"author":1,"featured_media":663794,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7691],"tags":[72,7087,7196],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-663793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-enterpriseam","tag-finance","tag-industry","wpautop","entry"],"acf":{"mongo_id":"c07d0777-874d-4fe1-8888-26adfa703b02","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/4\/867.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt kicks off rebooted EGP 30 bn subsidized loan program for industrial players","related_issue":[663785],"teaser":"The program will offer an additional 2% cut for projects that introduce new industrial activities","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/4\/.fb4e4131-c8f4-4d8a-92e0-b99987dcc947.mp3"},"yoast_head":"\nGov\u2019t kicks off EGP 30 bn financing initiative for industrial players - 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\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t kicks off EGP 30 bn financing initiative for industrial players\" \/>\n<meta property=\"og:description\" content=\"The program will offer an additional 2% cut for projects that introduce new industrial activities\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-15T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/867.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Gov\u2019t kicks off EGP 30 bn financing initiative for industrial players\",\"datePublished\":\"2025-04-15T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/\"},\"wordCount\":229,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/867.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"Finance\",\"industry\"],\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/\",\"name\":\"Gov\u2019t kicks off EGP 30 bn financing initiative for industrial players - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/867.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-04-15T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/867.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/867.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gov\u2019t kicks off EGP 30 bn financing initiative for industrial players\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Gov\u2019t kicks off EGP 30 bn financing initiative for industrial players - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/","og_locale":"en_US","og_type":"article","og_title":"Gov\u2019t kicks off EGP 30 bn financing initiative for industrial players","og_description":"The program will offer an additional 2% cut for projects that introduce new industrial activities","og_url":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2025-04-15T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/867.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Gov\u2019t kicks off EGP 30 bn financing initiative for industrial players","datePublished":"2025-04-15T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/"},"wordCount":229,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/867.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM","Finance","industry"],"articleSection":["Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/","url":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/","name":"Gov\u2019t kicks off EGP 30 bn financing initiative for industrial players - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/867.jpg?fit=%2C&ssl=1","datePublished":"2025-04-15T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/867.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/867.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Gov\u2019t kicks off EGP 30 bn financing initiative for industrial players"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/867.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/867.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/867.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":671363,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/07\/finance-ministry-begins-rolling-out-subsidized-loans-for-manufacturers\/","url_meta":{"origin":663793,"position":0},"title":"Finance Ministry begins rolling out subsidized loans for manufacturers","author":"enterpriseam admin","date":"7 September 2025","format":false,"excerpt":"Around EGP 6 bn has been disbursed under the EGP 30 bn program","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/820.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":676821,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/07\/govt-prepares-egp-10-bn-initiative-to-support-startups\/","url_meta":{"origin":663793,"position":1},"title":"Gov\u2019t prepares EGP 10 bn initiative to support startups","author":"enterpriseam admin","date":"7 December 2025","format":false,"excerpt":"The initiative will also provide startups with technical assistance","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/983.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":617976,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/01\/govt-greenlights-egp-120-bn-subsidized-loan-program-to-support-industry-and-agriculture\/","url_meta":{"origin":663793,"position":2},"title":"Gov\u2019t greenlights EGP 120 bn subsidized loan program to support industry and agriculture","author":"enterpriseam admin","date":"1 April 2024","format":false,"excerpt":"The 15% interest rate charged is nearly half the central bank's post-float 28.25% lending rate","rel":"","context":"In "Finance"","block_context":{"text":"Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2721.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":657989,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/30\/govt-unveils-egp-30-bn-industrial-initiative\/","url_meta":{"origin":663793,"position":3},"title":"Gov\u2019t unveils EGP 30 bn industrial initiative","author":"enterpriseam admin","date":"30 December 2024","format":false,"excerpt":"The initiative will target the pharma, food, engineering, and chemical sectors among others","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/2501.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":658914,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/19\/cabinet-greenlights-egp-30-bn-industrial-initiative-grants-two-multi-mn-projects-golden-licenses\/","url_meta":{"origin":663793,"position":4},"title":"Cabinet greenlights EGP 30 bn industrial initiative, grants two multi-mn projects golden licenses","author":"enterpriseam admin","date":"19 January 2025","format":false,"excerpt":"The initiative aims to provide financial facilities for private sector companies to purchase machinery, equipment, or production lines","rel":"","context":"In "Cabinet watch"","block_context":{"text":"Cabinet watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/cabinet-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1167.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591419,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/05\/egypt-launches-egp-100-bn-program-to-boost-local-industry\/","url_meta":{"origin":663793,"position":5},"title":"Egypt launches EGP 100 bn program to boost local industry","author":"enterpriseam admin","date":"5 December 2019","format":false,"excerpt":"Factories with annual sales of less than EGP 1 bn can now borrow at subsidized rates: The government and the Central Bank of Egypt (CBE) have launched a EGP 100 bn initiative to boost domestic manufacturing by allowing medium-sized factories access to subsidized loans at a declining 10% interest rate,\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\/2019\/12\/CBE-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/663793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=663793"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/663793\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/663785"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/663794"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=663793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=663793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=663793"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=663793"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=663793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}