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Source: اليوم السابع
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The article discusses the establishment of the Egyptian Space Agency as a public company with legal personality, reporting directly to the President of the Republic in accordance with Law No. 3 of 2018. It outlines its six main sources of funding, which include government allocations, loans and grants, donations and contributions, revenue from services, investment returns, and other resources approved by the Supreme Council. Additionally, it provides details about its independent budget, its separate account with the Central Bank, and how it manages surplus funds—either carried over to subsequent years or transferred to the general treasury after seven years of establishment. The article emphasizes the importance of government funding for the Space Agency to support national space projects.
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