Latest in Industry Highlight
Latest in Industry
Potential investors at new industry clusters granted 6-month reprieve from rent
Trade Ministry extends application period for units in new industry clusters to 12 December
25% of Egypt’s exports from chemical industries, recording $5.6bn
During the council’s newly-formed Board of Directors’s first meeting on Monday, Abu Al-Makarem stressed the importance, strength, and attractiveness of the chemical industries sector to local and foreign investors. Minister of Trade and Industry Nevine Gamea participated at the meeting.
Industry Ministry finalises Alexandria’s Mergham 2 Plastics Industries Complex
MSMEDA has made EGP 10.6m worth of finance available to 13 customers, says Gamea
MSMEDA provides EGP 2.3bn financing for infrastructure, community development under Al-Sisi
Projects provide nearly 30m job opportunities for daily workers nationwide, says Nevine Gamea
Egyptian industry sees vast improvement under Al-Sisi presidency
Approvals, licences granted to establish and expand factories at EGP 44bn investments, says Industry Ministry
Egypt, Siemens discuss cooperation on industrial digitalisation
Gamea pointed out that the MoU aims to benefit from the company’s expertise in the fields of industrial zones development, automation, and digital operation in factories, education, training, energy conservation, industrial safety solutions, and environmental protection.
Government facilitates licensing of industrial establishments
New protocol allows trade and environment ministries to identify violations that may lead to serious environmental dangers, mandate to take necessary measures
Manufacturing, extractive index falls 8.7% in February due to COVID-19
The latest figures for the manufacturing and extractive industries production index show a decrease of 8.7% compared to final data from January, when the index came in at 113.10.
Egyptian manufacturers renew calls to cut factory energy prices
The sharp decline has been attributed to the worldwide decrease in global demand and the halting of many economic activities due to the ongoing coronavirus (COVID-19) pandemic.
Egypt’s manufactures see no need to mobilise industry’ to produce medical supplies yet
Medical supplies in Egypt are sufficient for medical service providers, says member of Export Council of Medical Industries
Egypt’s exports of engineering industries increase 11.5% in July-November 2019: EEC
Amr Abu Freikha, the EEC chairperson, said that electronic, electrical, household, and electrical industries, in addition to the medical, metal, machinery, equipment, and kitchen appliances are the most important engineering industries that have achieved an increase in exports.
Land Bank: Government tool to digitise industrial land offerings
September marks official launch of Land Bank Portal
Egypt eyes digitalisation of industry, but faces challenges
Digitalisation will allow increasing breakthroughs in various sectors, especially industry, as it contributes in enhancing local manufacturing, increasing competitiveness, and improving the national industry’s quality and productivity.
Online industrial investment map to be launched within 2 months: IDA Chairperson
Map to show land prices, required documents, allow purchase requests online, says Ghazi
Kuwaiti ambassador aims to establish new industrial partnership with Egypt
Ambassador officially invites Al-Assar for Kuwait Aviation Show in January 2020
Belarus proposes roadmap to cooperate with military production ministry in industrialisation
The committee discussed the latest developments of cooperation between Egyptian and Belarusian companies in the field of military manufacturing
Egypt’s industrial production value increases by 27.6% in Q3 of 2018
Production values for chemicals and its products reached EGP 28.8bn for Q3 of 2018, compared to EGP 14.8bn for Q3 of 2017, an increase of 94.4%, due to increases in detergent and fertiliser production as well as an increase in market demand.
Raya to invest EGP 250m in its recycling factory
‘We have an issue with collection of bottles, we only take 50% from local market because of high prices offered by local waste collectors,’ says BariQ’s chairperson
Publishing industry still suffering with hopes for recovery in 2019: head of EPA
EGP 3bn is the volume of the publishing industry in the Egyptian market
Industry still suffering, government must take serious action: head of APA
Unlike the positive outlook for 2019 as a more stable year for the publishing industry in Egypt, there are other options.
“2019 better for paper sales”: head of printing, packaging, paper division
Undoubtedly, the floatation of the Egyptian pound severely impacted the publishing industry in Egypt. However, the more stable economic conditions became, the further hopes increased for an improved situation for such an important industry. The General Manager of the Printing, Packaging, and Paper Division in the Federation of Egyptian Industries, Mahmoud Hasanain, supplied Daily News …
Book fairs necessary to nourish publishing industry, Egypt still suffering: IPA
Digitisation new opportunity to break down restrictions, such as affordability, borders, censorship
Industry ministry announces establishment of largest textile city in Egypt
Project includes three phases, will be developed over four years
Cold Alex aims to export 13,000 tonnes in 2018
Europe accounts for 40% of company’s exports, followed by Arab, Gulf markets
Trading Partners for Food Industries targets 50% increased production
Company to inaugurate its first factories within two years: El-Nashar
Raya Food Industries raises production capacity to 32,000 tonnes by end of 2018
600% growth in sales within nine months this year, estimates Abdel Aziz
Arma For Food Industry invests EGP 150m to develop production line, train labour
Group targets exporting 25% of production by 2021: Aboul Hamd
Senyorita Group for Food Industries opens biscuits production line in Q1 of 2019
Company exports expected to reach $7.5m by end of year, 10% of company’s total production
Organic Green establishes factory for drying medicinal herbs with investments worth EGP 12m
US, European markets have most demand for organic products, with China, India as main competitors
1673, industrial establishments have obtained licenses for operating, building in August: IDA
The 1673 industrial establishments have obtained licenses for operating, and building in addition to temporary operating permits from the Industrial Development Authority (IDA), up from 263 licenses and temporary permits issued during the same period last year, according to the latest report received by the Minister of Trade and Industry Amr Nassar from the Industrial …