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بوابة الفجر
Factories urged to access 1bn pound fund
The Egyptian government launched a Restructuring Fund for distressed factories with a capital of one billion Egyptian pounds, aimed at supporting and improving the performance of factories facing financial difficulties. Industry Minister Khaled Hammad called on factories wishing to benefit to register in the Manufacturers Support System, which will evaluate applications and finance the selected factories, as part of the state's efforts to boost local production and ensure the sustainability of the industrial sector.
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