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Global Trade Alert

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Egypt: USD 1.6 billion funding from Islamic Development Bank to enhance private sector participation in economic activities.

Description

On 4 February 2025, the Egyptian Government and the Islamic Corporation for the Development of the Private Sector (ICD) allocated USD 100 million to financial institutions to support the financing of ...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

04 Feb 2025

Revocation date

No revocation date

Implementation level

IFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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