FEI’s feeder industries division praises government drive towards EV manufacturing
Division expects EVs to spread significantly between now and 2026, with opening charging stations
Latest in Tag: Federation of Egyptian Industries Highlight
Latest in Tag: Federation of Egyptian Industries
Petroleum Ministry to present Mineral Wealth Law’s executive regulations to cabinet for ratification in November
New mineral exploration projects are expected early next year
FEI delegation explores investment and cooperation opportunities in Berlin
Visit aims to search for bilateral partnerships to support the Egyptian industry, says FEI Head
Egypt’s luxury housing does not exceed 4% of total produced real estate units
Furthermore, he pointed out that the banking and real estate sectors are currently the main supporters of the Egyptian economy, where the growth rate of the real estate sector has always been greater than the growth rate of the GDP–an indicator of the strong performance of Egypt’s real estate sector.
Awaited protocol for automotive industry between FEI, South Africa
A delegation from the Federation of Egyptian Industries (FEI) went to visit South Africa and some other African countries to look into the possibility of cooperation between both countries in the field of automotive industry and its feeding industries, because South Africa has become one of the most important countries in car manufacturing after the …
Feeder industries need government support: El Kady
How would car exports improve if government cannot realise industry’s importance?
Elsewedy heads FEI’s mission to India to explore cooperation opportunities
Federation considers organising international pharmaceutical conference
Investments in feeding industries amounted to EGP 16bn, employs 50,000: El Kady
No country completely manufactures entire car, focusing on components better alternative
Discussions with FEI to send promotional missions to Egyptian companies in Senegal
Israel rivals Egypt politically, but Iran, Turkey, China economically in Senegalese market
Dollar to reach EGP 15 by the end of current year: FEI deputy chairperson
Lack of dollar led to the reluctance of companies to increase their production capacity, says Tawfik
Sugar, rice prices to decline starting mid-April: Rice Division
Importers, distributors compelled to write factory sale price on packages to eliminate random pricing, says Shehata
Pharmaceutical chamber presents new proposal to Ministry of Health
Liberalisation of medicine prices only an option once a comprehensive health insurance system is in place, says El-Leithy
Currency devaluation to spur foreign purchase of property
20% of CGP’s sales in 2017 to be directed to clients abroad, says chief projects officer
FEI machinery and equipment division looks to hold annual exhibitions in Africa
The division targets $1bn worth of machinery exports to Africa in the coming years, says division head
Building material prices expected to increase: experts
Increase in US dollar exchange rate led to 22% rise in construction costs, directly affects residential unit prices, says expert
Ceramics division demands intervention from PM to save ceramics industry
Increase in gas, US dollar prices pushes up production costs and decreases exports by 50%
Automotive industry strategy included in unified manufacturing law: FEI Chairman
Ministry of Finance is reviewing law before presenting it to cabinet
Cabinet resignation threatens issuance of new automotive industry law: Abdel Aziz
$3bn ready to be invested in automotive manufacturing in Egypt once the law is issued, says Ghabbour
‘Egyptian Industrial Product Preference’ regulation will decrease foreign product imports: FEI board member
The regulation states that the proportion of Egyptian components in industrial products should not be less than 40%
Strategic wheat stock sufficient until start of 2016
Minster of Supply celebrates opening of EGP 60m-developed grains’ silo and port jetty in Alexandria
Review of indicative car prices law
Decisions are new beginning for re-structuring customs as a whole, says ECA
US dollar rise to stop at EGP 8 before Economic Summit: FEI head
Reducing the gap between the official price and black market price will bring more dollars to Egypt, El Sewedy says
Federation of Egyptian Industries submits proposal amending automotive sector taxation
By Ahmed Amer The Federation of Egyptian Industries (FEI) has submitted a proposal to the ministries of Industry and Finance to amend the tax and customs system in place for the automotive sector. The proposal includes reassessing the sales tax on local and imported cars to boost domestic products, and granting advantages and competitiveness against …
Cement prices stable: Supply minister
No ministry obligation to stabilise prices, cement prices vary according to market changes, says Suez Cement chairman
Business community rejects independent trade unions
Egyptian Federation for Independent Trade Unions member says business community should not decide for the workers on representation
Conflicting reactions to new fees on imported steel
Egyptian steel importers to pay EGP 290 fees per tonne, analysts expect increase in steel prices
Troubled factories must solve banking problems with banks: Abdel Nour
Minister of Industry and Trade asks troubled factories to solve financial problems with banks themselves rather than with Ministry
Federation of Egyptian Industries chambers reject monetary donations to ‘Billion EGP Initiative’
Economy in need of industrial projects – donation initiatives are just “a media show”, say chamber heads
Plants need EGP 60m per day to keep electricity flowing this summer: Official
The government will rely on loans and grants from Gulf countries to fund the deficit, says head of the Egyptian Electric Utility and Consumer Protection Regulatory Agency
Carbon tax implementation awaiting completion of environmental standards for coal usage
Head of the cement industry division at the Federation of Egyptian Industries says cement factories would respect the law if the tax was issued