{"id":671560,"date":"2025-09-09T00:00:00","date_gmt":"2025-09-09T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/09\/export-councils-request-more-subsidized-financing\/"},"modified":"2025-09-09T00:00:00","modified_gmt":"2025-09-09T00:00:00","slug":"export-councils-request-more-subsidized-financing","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/09\/export-councils-request-more-subsidized-financing\/","title":{"rendered":"Export councils request more subsidized financing"},"content":{"rendered":"

Good afternoon, friends, and happy hump day to you all.<\/strong> The weather may be cooler today in the city, but the news cycle is heating up.<\/p>\n

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THE BIG STORY TODAY-<\/p>\n

Export councils are calling for more subsidized financing <\/strong>initiatives:<\/strong> Export council representatives met with Prime Minister Moustafa Madbouly earlier this week to present demands aligned with the government\u2019s export growth plans, Engineering Export Council head Sherif El Sayad told EnterpriseAM. Their top priority is speeding up payouts under the new export subsidy program, according to El Sayed.<\/p>\n

Exporters are also calling for a new low-interest financing for raw materials and <\/strong>production inputs<\/strong>, separate from the existing 15% financing for equipment. They\u2019re also asking that 50% of subsidies owed to SMEs for shipments through June 2024 be paid as a direct payment instead of via tax and insurance offsets to help them maintain production and exports.<\/p>\n

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<\/a> <\/p>\n

Mark your calendar for the 2025 EnterpriseAM Egypt Forum, <\/strong>our flagship forum and part of our must-attend series of invitation-only, C-suite-level gatherings. Tap<\/a> to register your interest to attend. Want to partner with us? <\/strong>Reach out to Moustafa Taalab at mtaalab@enterprisemea.com<\/a> to explore sponsorship opportunities.<\/p>\n

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THE BIG STORY ABROAD-<\/p>\n

It\u2019s<\/strong> a busy afternoon in the global press, led by news of Israel ordering <\/strong>evacuations across Gaza City.<\/strong> The occupying state has issued a complete evacuation order to all 1 mn residents of Gaza City as it prepares for its next stage of military takeover.<\/p>\n

Leaflets including a map directing residents to move westward along the coast <\/strong>towards Al Mawasi<\/strong> \u2014 an already overcrowded \u201chumanitarian zone\u201d \u2014 were dropped across northern Gaza, stating that residents remaining in the area would be in grave danger. Previous evacuation orders were followed by the Israeli military attacking<\/a> the designated safe zones.<\/p>\n

\u201cThe IDF [...] will operate in the Gaza City area with great force, just as it did <\/strong>throughout the Strip,\u201d<\/strong> IDF Arabic spokesperson Avichay Adraee said. Health authorities in the city are set to evacuate its two main hospitals, Al Shifa and Al Ahli. \u201cThere is no safe place in Gaza, let alone a humanitarian zone,\u201d UNRWA Commissioner-General Philippe Lazzarini said<\/a> on X following the news. (CNN<\/a> | BBC<\/a> | Reuters<\/a> | Guardian<\/a>)<\/p>\n

MEANWHILE<\/strong>- A Russian airstrike on a village in Eastern Ukraine today left over 20 dead, President Volodymyr Zelensky said. The news follows an earlier Russian aerial attack \u2014 reportedly the biggest<\/a> since the beginning of the Russia-Ukraine war \u2014 which struck down the Ukrainian government\u2019s main building in Kyiv over the weekend. (BBC<\/a> | Reuters<\/a> | CNN<\/a>)<\/p>\n

OVER IN NEPAL-<\/strong> Nepal\u2019s Prime Minister KP Sharma Oli has resigned after youth-led protests over the country\u2019s social media ban and government corruption left over 19 dead and hundreds injured. Protestors were met with live ammunition, water canons, and tear gas in what is reportedly \u201cNepal\u2019s worst unrest in decades,\u201d according to CNN. (CNN<\/a> | BBC<\/a> | New York Times<\/a>)<\/p>\n

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Get Enterprise<\/b> daily <\/h4>\n<\/p><\/div>\n

The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

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\u2600\ufe0f <\/strong>TOMORROW\u2019S<\/strong> WEATHER- <\/strong>Enjoying the cooler-than-usual weather? Good news: it\u2019s not going anywhere. Temperatures in Cairo are set to peak at a hazy 33\u00b0C before cooling down to 21\u00b0C, according to our favorite weather app. <\/p>\n","protected":false},"excerpt":{"rendered":"

Good afternoon, friends, and happy hump day to you all. The weather may be cooler today in the city, but the news cycle is heating up. THE BIG STORY TODAY- Export councils are calling for more subsidized financing initiatives: Export council representatives met with Prime Minister Moustafa Madbouly earlier this week to present demands aligned […]<\/p>\n","protected":false},"author":1,"featured_media":671561,"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":[7213],"tags":[104,633,98,132,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-671560","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-economy","tag-enterprisepm","tag-subsidies","tag-trade","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"5364e547-6ede-461d-aeea-3876207c1104","order":"1","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2025\/4\/327.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Export councils request more subsidized financing","related_issue":[671558],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/9\/.b07c3dac-7353-4e7b-833c-ea3f02fbdad2.mp3"},"yoast_head":"\nExport councils request more subsidized financing - 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\/09\/09\/export-councils-request-more-subsidized-financing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Export councils request more subsidized financing\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, friends, and happy hump day to you all. 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The changes include amending the foreign exhibition financing,\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":577484,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/24\/the-cbes-exit-from-the-subsidized-loan-programs-isnt-going-down-well-with-some-industry-figures\/","url_meta":{"origin":671560,"position":2},"title":"The CBE\u2019s exit from the subsidized loan programs isn\u2019t going down well with some industry figures","author":"enterpriseam admin","date":"24 November 2022","format":false,"excerpt":"A decision by the government to end the central bank\u2019s role in subsidizing loans has not been received well by some sections of the business community, with the Egyptian Businessmen\u2019s Association (EBA) and some MPs calling on ministers to rethink their plans.Refresher: A decree issued by Prime Minister Moustafa Madbouly\u2026","rel":"","context":"In "Policy"","block_context":{"text":"Policy","link":"https:\/\/enterpriseam.com\/egypt\/category\/policy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/382.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":632893,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/21\/export-councils-to-lobby-house-for-raising-export-subsidies-to-egp-5-6-bn\/","url_meta":{"origin":671560,"position":3},"title":"Export councils to lobby House for raising export subsidies to EGP 5-6 bn","author":"enterpriseam admin","date":"21 February 2018","format":false,"excerpt":"Export councils are planning to submit a request to the House of Representatives asking that they lobby the government to raise the allocated amount to export subsidies in the state budget to around EGP 5-6 bn from a current EGP 2.6 bn, Chemical and Fertilizers Export Council Chairman Khaled Abul\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594622,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/egypts-exporters-awaiting-clarity-on-new-export-subsidies-program\/","url_meta":{"origin":671560,"position":4},"title":"Egypt\u2019s exporters awaiting clarity on new export subsidies program","author":"enterpriseam admin","date":"2 September 2019","format":false,"excerpt":"Egypt\u2019s exporters are awaiting clarity on how the government is planning to implement the new export subsidies program, Ihab Abdel Zaher, member of the export council for textiles and readymade garments said. The new program promises to disburse EGP 6 bn per year in export subsidies, and was supposed to\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591316,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/03\/regulations-for-egypts-new-export-subsidies-framework\/","url_meta":{"origin":671560,"position":5},"title":"Regulations for Egypt\u2019s new export subsidies framework","author":"enterpriseam admin","date":"3 December 2019","format":false,"excerpt":"Executive regulations for the nation\u2019s new export subsidies framework have leaked, but industry still has questions: The executive regulations of the state\u2019s new export subsidies framework, which were ratified by Prime Minister Moustafa Madbouly earlier this week, were circulated by the state-run Export Subsidy Fund to export councils around the\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\/1\/776.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\/671560","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=671560"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/671560\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/671558"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/671561"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=671560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=671560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=671560"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=671560"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=671560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}