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Egypt

Egypt allocates EGP 5 billion for automotive industry in 2026/2027 fiscal year budget

On May 31, the Ministry of Finance of Egypt announced that EGP 90 billion has been allocated in the new budget for the fiscal year 2026/2027 to expand programs supporting production, service, and commodity exports, and entrepreneurship activities. The Government has allocated approximately EGP 5 billion to support th....

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