Federation of Egyptian Industries calls on government to increase export rebate allocation to EGP10 billion
The Federation of Egyptian Industries (FEI) has made a request to the government requesting an increase in provisions allocated to export rebates to EGP10 billion/annum. FEI maintains that an increased rebate would help support exports; thus, offering support in alleviating the FX crunch that has hit the Egyptian market, the statement added. The statement also called for setting measures to facilitate the process for exporters including smoothing out the issuance of Letters of Guarantees and facilitating working capital or production needs. (Al Mal)
This website uses cookies to make the site work, to understand if the site is working well, how it is being used, to connect to social media sites (such as Facebook and Twitter) and to collect information useful to allow us and our partners to provide you with more relevant ads . Some cookies are essential to make the site work, but you can control how we use non-essential cookies at any time by clicking the “ON/OFF” button next to each category. For more information about the cookies used on this site, see Privacy Policy.
Decide which cookies you want to allow.
Strictly Necessary
These cookies are essential in order to enable you to move around our website and use its features, such as accessing secure areas of our website. Without these cookies, any services on our Site you wish to access cannot be provided.
Analytical/performance cookies
Visitors use our website, for instance which pages you go to most often, and if you get error messages from web pages.