The Export Development Fund Board of Directors approved the overall strategic framework for the New Export Restraint Program, which includes the allocation of 40% of the program budget, cash refunds, 30% reconciliations with the Ministry of Finance and 30% non-financial support, including technical and technological support services such as participation In exhibitions and modernization and development of industrial sectors.

This came during the expanded meeting of the Board of Directors of the Export Development Fund, which was held at the Ministry of Commerce and Industry, in the presence of Eng. Amr Nassar, Minister of Trade and Industry, Minister of Finance, Dr. Mohamed Maait, Dr. Ezzeddin Abu Setit, Minister of Agriculture and Land Reclamation, Eng. Ibrahim Al Arabi, Hany Barzi, Chairman of the Export Council for Food Industries, Dr. Ahmed Fekry Abdel Wahab, Member of the Board of Directors of the Federation of Egyptian Industries, Eng. Hossam Farid, Advisor to the Minister of Commerce and Industry, and the General Coordinator of Export Councils of the new export support program. Amany of Wesal, executive director of the Export Development Fund.

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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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