Latest in Industry Highlight
Latest in Industry
Egypt’s cement industry considered attractive for FDIs: INTERCEM CEO
Africa, US among most promising import markets for Egyptian cement, says Shelbourne
Egypt’s cement production cannot compete globally: Istvanos
Exports of cement production amounted to $57m during H1 of current year, says division head
Egypt’s cement industry considered attractive for FDIs: INTERCEM CEO
Africa, US among most promising import markets for Egyptian cement, says Shelbourne
Industry Ministry issues decision to increase export fee for nitrogen fertilisers to EGP 500 per tonne for one year
Decision aims to compel fertiliser production companies to supply full quota allocated to Agriculture Ministry
Industrial Development Bank, Cairo Development, Investment Co sign MoU to provide funds to purchase units in Rubaki city
The Minister of Trade and Industry Amr Nassar said that this agreement comes within the framework of the ministry’s keenness to activate the role of specialised banks in financing commercial and industrial projects.
Industry Ministry develops policy to identify manufacturing opportunities: minister
Egypt Capable of manufacturing Everything even rockets, says Nassar
1215 industrial establishments have obtained licenses for operating, building in July: IDA
1215 industrial establishments have obtained licenses for operating, and building in addition to temporary operating permits from the Industrial Development Authority( IDA), up from 281 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 Development …
EGP 5bn expected investment for Abu Zenima industrial zone in Sinai
Development of region aims to qualify manufacturing industries, says minister
$1.44bn Egypt’s food industry exports in H1 2018
A report issued by the Export Council for Food Industries issued on Tuesday showed that the exports of food industries during the first half (H1) of this year recorded $1.44bn. Egypt exported pickled olives worth $53m during the first six months of this year, as well as fruit juices worth $55m, chocolate worth $51m, animal …
Egypt aims to increase industry’s growth contribution to 20% this FY: Al-Said
NIB has managed to settle debts amounting to EGP 70bn to companies, government entities recently
Industry Ministry denies cancellation of automotive directives
Review, evaluate automotive industry status, its spare parts industries: Nassar
Industry Ministry develops plan for development of textiles in Egypt, in cooperation with Agriculture, Public Enterprise Sector Ministries
Minister of Trade and Industry Amr Nassar said that there is great coordination between the Ministries of Industry, Agriculture, and Public Enterprise Sector to develop the textile industry in Egypt. During a meeting with members of the Supreme Council of Textile Industries, the minister added that this industry represents one of the top five industries …
2.6% increase in manufacturing, extractive industries index in May 2018: CAPMAS
The manufacturing and extractive industries index, excluding crude oil and petroleum products, scored 125.97 in May 2018, compared to 122.78 in April 2018, marking an increase of 2.6%, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS). The manufacturing of wearing apparel index reached 126.03 in May 2018, compared to 96.66 in April …
Egypt plans to establish 22 industrial complexes by 2020: Nassar
Minister of Trade and Industry Amr Nassar revealed on Saturday, during his field visit to the Robiki Leather City, that the ministry has a plan to establish 22 industrial complexes by 2020. Nassar explained that the state started these plans by building three complexes, as a first phase in Sadat City, Badr City, and Port …
Industry minister discusses problems of pharmaceutical industry, means of increasing exports
The Minister of Trade and Industry Amr Nassar met with members of the Egyptian Export Council of Medical Industries to discuss the problems facing the sector and ways to increase its exports. The minister noted that the medical and pharmaceutical industries represent a strategic window for the entry of Egyptian exports to African countries, because …
US firms expanding their businesses, new firms to invest in Egyptian market: AmCham’s president
Market is politically well receiving economic reforms, says Tawfik
8.65% decrease in manufacturing, extractive industries index during April 2018: CAPMAS
The manufacturing and extractive industries index, excluding crude oil and petroleum products, scored 130.46 during April 2018, compared to 142.82 during March 2018, marking a decrease of 8.65%, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS). The index for the manufacture of basic pharmaceutical products and pharmaceutical preparations reached 150.03 in April …
Industry minister invites Sudanese counterpart to visit Egypt
Two countries prepare for joint Egyptian-Sudanese trade committee meetings
FEI repeats initiatives to address austerity measures
The Federation of Egyptian Industries (FEI) has launched an initiative to urge the private sector to pay an exceptional social allowance with an average value of between EGP 100 and EGP 200, depending on the economic circumstances of each enterprise. The Chairperson of the FEI Mohamed El-Sewedy said that this initiative aims to offset the …
Chinese textiles city’s first phase will include 100 factories
Chinese companies negotiate with ACUD to acquire over 60 feddans of land for industrial activities
Ministry of Trade, Industry expanding establishment of foreign industrial zones
The Ministry of Trade and Industry seeks to expand the establishment of integrated industrial zones to deepen local industrialisation and industrial development, through the use of international expertise via foreign investors wishing to establish industrial cities in Egypt, such as Russia, France, Turkey, and China. The Egypt-France Business Council’s head, Fouad Younis, said negotiations for …
7.2% increase in industrial production in Q3 2017
The Central Agency for Public Mobilisation and Statistics (CAPMAS) issued its quarterly bulletin on industrial production of public and private sector enterprises that employ 25 or more workers for the third quarter (Q3) of 2017. The report showed that the total industrial production value (excluding crude and refined petroleum) reached EGP 145.3bn during Q3 2017 …
Russia, Egypt to sign agreement to establish Russian Industrial Zone on Wednesday
Russia and Egypt will sign an agreement to establish a Russian Industrial Zone in Egypt next Wednesday, during the joint governmental meeting that will be held in Moscow, according to the Middle East News Agency (MENA). “One of the important results of the 11th meeting of the committee is the signing of a government agreement …
Egypt’s automotive industry investments amount to $3bn: trade minister
Egypt’s automotive sector, feeder industries exports amounted to $700m in 2017, says Kabil
Time for communications industry to become relevant: Golin MENA managing director
The communications industry is diverse and is responsible for many aspects essential for any modern day brand, from general media relations and media relations strategy planning to digital and social media. In recent years, the lines between different aspects of the industry have been blurred, and the way it works has been completely changed, following …
IFC provides first loan to support Egypt’s construction industry
The International Finance Corporation (IFC), a member of the World Bank Group, is providing a $15m loan mainly in Egyptian pounds to Vinavil Egypt for Chemicals, a leading manufacturer of construction-related materials, to help the company boost production and create jobs, according to a press statement on Wednesday. The statement said that the IFC’s financing …
Egypt sets new controls for plastic, rubber haberdashery, waste imports
New rules aim to regulate importation of materials to meet local industry needs, says Kabil
EGP 500m Saudi investment in paper products manufacturing in Alexandria
Company requests 200,000 sqm industrial area in Borg El-Arab to launch plant
Kabil, 50 Chinese textile business leaders discuss investment opportunities in Egypt
There are great opportunities for investment partnerships between Egyptian, Chinese private sectors, minister says
Chipsy launches its biggest agricultural programme for potato seed production
Programme helped company locally source 70% of its seeds in 2017