The Ministries of Investment and Foreign Trade and Finance have unveiled a new export support programme, featuring a 35% increase in average basic support, expanded target markets and incentives for domestic transport, shipping and insurance.
Developed by the Export Development Fund and approved by the Cabinet on November 5, 2026, the programme follows recommendations from the Egypt Forum 2026 and aims to boost export competitiveness and foreign currency earnings.
Minister of Investment and Foreign Trade Mohamed Farid, for his part, described it as a qualitative shift addressing rising shipping and insurance costs, customs tariffs and non-tariff barriers, particularly environmental and carbon-emission requirements.
He noted that around 80% of Egyptian exports are concentrated in the EU, Arab countries, Türkiye, the US and Asian markets, stressing the need to expand into South America, Africa, East Asia and Australia.
The programme has three pillars; namely, basic support and incentives, shipping, and services.It raises average support for inland manufacturing facilities by 35%, maintains free-zone rates and existing supplementary incentives, and adds new destinations across all export sectors.
For the first time, domestic transport and shipment insurance are covered. Shipping assistance will reflect electronically verified costs and cover sea, land and roll-on/roll-off transport.
Farid highlighted the ‘Egypt Sets Off With Exports’ initiative to prepare companies, factories and farms for international markets through exhibitions, trade missions and commercial representation.
The ministry is also developing digital foreign-trade information and procedures portals, targeting full digitisation of Export Development Fund services within six to eight months, integrated with Finance Ministry systems.
He also highlighted the ‘TradeTech Sandbox’ for data- and AI-based trade and logistics solutions, alongside specialised training programmes.
Finance Minister Ahmed Kouchouk said LE48 billion had been allocated for export support in the 2026/2027 budget, reaffirming assistance to exporters facing global challenges.
