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Business
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Markets & Companies
3/3/2022 1:12:42 PM
Egypt’s government has disbursed over EGP 33 billion (around $2 billion) to 2,500 export companies since October 2019, Minister of Finance Mohamed Maait announced on Thursday.
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Business
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Economy
7/29/2021 10:18:18 AM
The initiative allows export companies to obtain their arrears from the Development Fund as instant cash repayments
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Business
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Economy
7/11/2021 11:35:45 AM
Maait noted that the arrears of the third stage are expected to be disbursed by end of September through end of October with an acceleration discount of 15 percent.
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Business
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Economy
6/30/2021 12:39:07 PM
Finance Minster Mohamed Maait said that the action comes in implementation of President Abdel-Fattah El-Sisi’s decision to back exporting companies amid the ongoing COVID-19 crisis
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Business
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Economy
2/17/2021 12:47:35 PM
The initiative is meant to disburse companies’ arrears from the Export Development Fund before the end of FY 2020/2021
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Business
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Economy
1/31/2021 1:08:28 PM
A total of 1069 export companies benefitted from the first phase of the initiative, with total disbursements of EGP 13.5 billion
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Business
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Economy
1/19/2021 2:59:43 PM
Under the latest prompt cash payment under the exporters initiative, a total of EGP 13 billion was disbursed to 169 export companies during November and December
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