Cairo: The Cabinet has decided to maintain the cap on the interest rate differential cost borne by the Finance Ministry under a major initiative that supports the industrial and agricultural sectors. This decision was approved during a meeting chaired by Prime Minister Moustafa Madbouli on Wednesday, October 15, 2025.
According to State Information Service Egypt, the cap will remain at EGP 8 billion, while the total size of the initiative is fixed at EGP 90 billion. Out of this, EGP 80 billion is earmarked for working capital financing, and EGP 10 billion is allocated for the purchase of machinery and equipment. The government stated that this move is aimed at providing ongoing support to production sectors, enhancing investor confidence, and promoting sustainable economic and financial outcomes.
In another decision, the Cabinet has approved a six-month extension for submitting reconciliation requests related to certain building violations. This extension allows citizens additional time to legalize their building status, with the new deadline commencing on November 5, 2025.