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اليوم السابع
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اليوم السابع

2026-11-08T13:49:09.000Z

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Egypt Export Agency Draft

Egypt Export Agency Draft

The House of Representatives, through its Economic Affairs Committee chaired by Tarek Shokry, will discuss a government draft law tomorrow, Monday, to amend Law No. 178 of 2023 on the Egyptian Agency for Export and Investment Guarantee. The proposed amendments aim to address problems that have emerged during the law’s implementation and strengthen support for exports. The draft reorganizes Article 11, specifying the composition and powers of the General Assembly. It also authorizes the Extraordinary General Assembly to set target sectors and markets, risk levels and credit limits, and to approve projects that exceed the established risk thresholds if they are of strategic importance. The draft consists of two articles: one replaces the text of Article 11, while the other provides for publication of the law and its entry into force on the day after publication, following its approval.

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