Egypt's cabinet approves revamped export support program with 35% average increase

Egypt's cabinet has approved a new export burden reimbursement program that raises export support by an average of 35%.

• The cabinet approved the program in a meeting chaired by Prime Minister Mostafa Madbouly, implementing directives issued by President Abdel Fattah el-Sisi at the Egypt Forum 2026.
• Investment and Foreign Trade Minister Mohamed Farid said the program, effective for shipments from November, runs in two phases ending in 2026 and starting July 2027.
• Farid said the plan adds the United States and Southeast Asian nations to target markets and raises shipping support, including 50% of sea and land transport costs.