Egypt Creates Fund to Revive Factories
Egypt has launched the Restructuring Fund for Struggling Factories with a capital of one billion Egyptian pounds, aimed at supporting and transforming distressed industrial facilities with promising operational potential. The fund focuses on asset rehabilitation, loan restructuring, and capital increases, with the goal of restoring production efficiency and achieving sustainable growth. This effort is coordinated with the banking sector and the Ministry of Industry to boost local production and create new job opportunities.
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