18 Hrs
Source:
بوابة الفجر
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Source: بوابة الفجر
18 Hrsبوابة الفجر
Source: بوابة الفجر
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Prime Minister Mostafa Madbouly reviewed with ministers and officials how to implement President Abdel Fattah el-Sisi’s directives and the recommendations of the “Egypt Forum 2026” on investment and industry, stressing that work would begin as soon as the forum concluded. The plans include launching a platform for economic entities, updating the export-support program, and establishing an export council for service activities aimed at creating one million jobs. They also include industrial incentives expected to reach around 6,000 factories in the first quarter of 2027. The initiatives include financing 500 projects for young manufacturers through 2030, aiming to have 6,500 businesses obtain a “Value” certificate, increasing government procurement of Egyptian products to 50%, and reviving 60% of struggling factories. The “Productive Village” initiative aims to establish 1,000 industrial and production projects in villages by 2030, with investment opportunities set to be offered starting in November 2026.
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