Egypt will link all future export incentives and “burden-reduction” programmes to measurable numerical targets and performance indicators (KPIs), Investment and Foreign Trade Minister Mohamed Farid said on Wednesday. “There are no incentives without measurable, verifiable, and monitorable numerical targets,” Farid said during a four-hour meeting with heads of 13 export councils. Following the general session, the ministry plans to hold specialized, shorter meetings with individual export councils to set specific digital targets for each sector. Representatives from the export councils presented several requirements to facilitate this growth, including:Providing necessary funding for industrial expansion, specifically for the electric vehicle industry. The councils also called for the upgrading of the quarrying system to support agricultural exports and building materials.

Source: Daily News Egypt February 18, 2026 18:30 UTC