More than LE 2B disbursed to exporters under 4th phase of immediate cash initiative - min.

Thu, 03 Mar 2022 - 01:34 GMT

A new batch is also about to get its dues on April 28, 2022, he added.

Egypt's cabinet denies shortage in basic food commodities nationwide

Sat, 23 Oct 2021 - 11:34 GMT

The center said in a Saturday statement it contacted the Supply and Internal Trade Ministry which dismissed the news as baseless.

LE16.4B disbursed in 2 phases of "immediate payment to exporters" initiative: FinMin.

Sun, 11 Jul 2021 - 01:21 GMT

Since the beginning of the implementation of the initiatives to return the “arrears” of the dues of the exporting companies in October 2019 so far, the exporting companies have been supported with LE 28 billion; It is a support that was not previously allocated to the export sector, reflecting the state's keenness to stimulate exports.

Ministry: Egypt world's 1st exporter of citrus

Tue, 20 Apr 2021 - 03:04 GMT

About 14,000 pesticide appliers had been trained, a matter which allows exporting the Egyptian products without problems, Qersh mentioned.

Egypt spends LE 21.5B to support export sector, exporters

Wed, 17 Feb 2021 - 10:47 GMT

Maait clarified that the last initiative was "immediate cash payment" with a 15 percent discount.

PM: Presidential directives on exporters' overdue payments before end of 2020

Thu, 24 Sep 2020 - 07:12 GMT

Sisi directed to settle the problem of overdue payments for exporters before the end of year, stressing that the government seeks to increase investments and exports.

PM: Over LE 7 billion of exporters' dues paid off in less than a year

Wed, 16 Sep 2020 - 05:30 GMT

Madbouli started by referring to earlier meetings held last year to review various aspects of a program to refund export burden as well as the details of a new program to boost Egyptian exports.

Egypt pays LE6B dues to exporters during 2019/20

Mon, 20 Jul 2020 - 01:47 GMT

The minister added that the state is committed to returning the late export burdens of exporters since 2012, and the government has made tangible progress in this regard, with fruitful cooperation between the ministries of finance, trade and industry.

PM orders 10% payment of arrears to exporters

Wed, 29 Jan 2020 - 10:24 GMT

Prime Minister Moustafa Madbouli ordered on Wednesday the disbursement of ten percent of the full value of arrears to exporters.

Plan to settle export incentives debts disclosed

Mon, 05 Aug 2019 - 03:10 GMT

The estimated value of government debts that should be settled with exporters is LE 2 billion.

Kuwait expects oil exporters to agree on mechanism to monitor supply

Wed, 22 Aug 2018 - 08:34 GMT

OPEC and other oil exporting producers are expected to agree on a mechanism to monitor their crude production before the end of the year, Kuwaiti Oil Minister Bakhit al-Rashidi said on Wednesday.

China steel exporters delay shipments, giving space to rivals

Wed, 25 Jul 2018 - 09:03 GMT

China has for decades given tax rebates to exporters selling value-added steel, allowing them to undercut competitors.