Related Keywords: benefit from the CBE initiative, demanded a mechanism, Egyptian home textile sector, Egypt’s Home Textiles Export Council, enable exporters of home textiles, facilitating funds, facing tough competition, HTEC, needs the Central Bank of Egypt’s initiative, products from East Asian nations
The Egyptian home textile sector is facing tough competition with products from East Asian nations and needs the Central Bank of Egypt’s (CBE) initiative of facilitating funds. Egypt’s Home Textiles Export Council (HTEC) has demanded a mechanism to enable exporters of home textiles to benefit from the CBE initiative for the industrial sector. The organization to meet CBE governor Tarek Amer in this regard.
In January 2016, President Abdel Fatah al-Sisi announced injection of LE 200 billion to support small and medium enterprises (SMEs).
