{"id":26264,"date":"2026-11-06T10:52:52","date_gmt":"2026-11-06T08:52:52","guid":{"rendered":"https:\/\/zawia3.com\/?p=26264"},"modified":"2026-11-06T10:52:52","modified_gmt":"2026-11-06T08:52:52","slug":"export-subsidy","status":"publish","type":"post","link":"https:\/\/zawia3.com\/en\/export-subsidy\/","title":{"rendered":"Government approves new export support programme with an average 35% increase"},"content":{"rendered":"<p>The cabinet, at its meeting chaired by Prime Minister Mostafa Madbouly on Thursday 5 November 2026, approved the new export support <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=05112026&amp;id=8900c558-6a06-4650-92a3-8d681c2997de\">programme<\/a> presented by Investment and Foreign Trade Minister Mohamed Farid, which raises support by an average of 35%, excluding free zones, and applies to shipments exported since the beginning of this November.<\/p>\n<p>The programme adds the United States and a number of Southeast Asian countries to the target markets, and covers 50% of the cost of sea and land freight to Africa, Latin America, Australia, Southeast Asia and Russia, 25% of air freight to Europe, and 50% of air freight of agricultural produce to the United Kingdom, in addition to 25% of the cost of domestic transport and 25% of shipping insurance. It is applied in two phases, the first short-term before the end of 2026 and the second medium-term from July 2027, and requires companies to submit complete files before they are accepted. Farid said the programme aims to make support more effective, reduce exporters&#8217; costs, raise their competitiveness and open new markets.<\/p>\n<p>The 2026\/2027 fiscal year budget allocated EGP 48 billion (about 889 million dollars) for export support, compared with EGP 28 billion (518 million dollars) in the previous year, according to budget <a href=\"https:\/\/www.youlyou.com\/87703\">figures<\/a>. The decision came at the same meeting at which the cabinet approved a draft <a href=\"https:\/\/www.elwatannews.com\/news\/details\/8390905\">decision<\/a> to rationalise public spending in government bodies for three months.<\/p>\n<p class=\"z3b-credit\"><small>Photo: Marsupium via <a href=\"https:\/\/commons.wikimedia.org\/wiki\/File:Entrance_to_the_Port_of_Alexandria_01.jpg\">Wikimedia Commons<\/a> (<a href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\">CC BY 4.0<\/a>)<\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cabinet approved a new export support programme raising subsidies by an average 35%, applying to November shipments and adding the US to target markets.<\/p>\n","protected":false},"author":4,"featured_media":26260,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[20481],"tags":[20905,21820,21819,21822,21821],"kateb":[710],"class_list":["post-26264","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-in-brief","tag-egyptian-cabinet","tag-export-subsidies","tag-export-support","tag-ministry-of-investment-and-foreign-trade","tag-mohamed-farid","kateb-zawia3-com"],"jetpack_featured_media_url":"https:\/\/zawia3.com\/wp-content\/uploads\/2026\/11\/export-subsidy-en.jpg","_links":{"self":[{"href":"https:\/\/zawia3.com\/en\/wp-json\/wp\/v2\/posts\/26264","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zawia3.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zawia3.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zawia3.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/zawia3.com\/en\/wp-json\/wp\/v2\/comments?post=26264"}],"version-history":[{"count":1,"href":"https:\/\/zawia3.com\/en\/wp-json\/wp\/v2\/posts\/26264\/revisions"}],"predecessor-version":[{"id":26308,"href":"https:\/\/zawia3.com\/en\/wp-json\/wp\/v2\/posts\/26264\/revisions\/26308"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zawia3.com\/en\/wp-json\/wp\/v2\/media\/26260"}],"wp:attachment":[{"href":"https:\/\/zawia3.com\/en\/wp-json\/wp\/v2\/media?parent=26264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zawia3.com\/en\/wp-json\/wp\/v2\/categories?post=26264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zawia3.com\/en\/wp-json\/wp\/v2\/tags?post=26264"},{"taxonomy":"kateb","embeddable":true,"href":"https:\/\/zawia3.com\/en\/wp-json\/wp\/v2\/kateb?post=26264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}