Politics
Egypt moves up export support payout to 2,054 companies
October 15, 2026 at 08:58 PM
Egypt's Finance Ministry has moved up the third installment of cash export support, releasing about 8 billion pounds to 2,054 companies on Thursday.
- Finance Minister Ahmed Kojak announced the third installment of the 50% cash export support was moved to Thursday, October 15, from October 22.
- Kojak said 2,054 exporting companies begin receiving about 8 billion pounds in dues starting Thursday.
- Kojak said 48 billion pounds were allocated in the current budget for export support.
- Assistant Minister Nevin Mansour said 12.6 billion pounds were paid in cash to about 2,500 exporting companies last fiscal year.