Al-Wafd learned that the Ministry of Trade and Industry in coordination with the Ministry of Finance will not make any increases in the financial allocations for export subsidies

Which are disbursed through the Export Development Fund in coordination with the Export Development Authority,
Following the Ministry of Commerce and Industry, the Minister of Industry and Trade, Eng. Amr Nassar, made substantial amendments to the export councils and reduced them from 16 councils to 12 councils with the aim of austerity.
 

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The Chamber is established by the Republican Decree No. 453 of 1958, which is one of the 20 industrial chambers of the Federation of Egyptian Industries, which includes about 4000 members, by virtue of the establishment decision, it covers the engineering industries sector in Egypt through 10 divisions.

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