Port Said Free Zone

  • Egypt Allocates EGP 2.1 B For Green Initiative Incentives

    Egypt Allocates EGP 2.1 B For Green Initiative Incentives

    Sunday, 30th May 2021

    Egypt has allocated EGP 2.1 billion in the next fiscal year’s budget to finance the first phase of the green initiative, which aims to replace 250,000 vehicles to run on natural gas in the governorates of Cairo, Giza, Qalyubia, Alexandria, Suez, Port Said, and the Red Sea, Mohamed Maait, Minister of Finance, stated.