Latest in Tag: FEI Highlight
Latest in Tag: FEI

FEI, Banque Misr cooperate to revitalise CBE mortgage finance initiative
Real Estate Development Chamber’s cooperation with Banque Misr will overcome global health crisis, says chamber chairperson

Banque Misr, FEI sign cooperation protocol to stimulate real estate financing
Banque Misr signed the protocol as part of its vision to stimulate the real estate market and provide adequate housing for all segments of society. The protocol also comes in line with the state’s desire to provide mechanisms that contribute to the development of the real estate market.

Public Enterprise Sector Ministry, FEDCOC, FEI, to cooperate on digital transformation
Protocols will see Egyptian products promoted through online platforms

FEI, Helwan University to produce 25,000 surgical masks for hospital staff
First day of production saw 1,500 pieces produced, says FEI chairperson

FEI, Egyptian Cure Bank sign MoU for ventilator maintenance
The FEI said there are currently 460 ventilators in public hospitals which need maintenance. The three parties under the MoU are directing their attention to maintaining these devices and putting them back into service in a short time.

FEI takes measures to boost Egyptian industry against coronavirus
FEI to postpone tax filing for three months

2,600 companies show interest in encouraging local products consumption initiative
The FEI said that those companies have approved 20-50% discount on their products’ prices as part of the initiative.

Energy prices, bank interests are the industry’s biggest obstacles in Egypt: Mohamed Hanafy
We can compete abroad only by reducing the cost price, says director of the Metallurgical Industries Chamber at FEI

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 concludes its visit to Berlin, awaiting a series of bilateral meetings on digital development
Egyptian companies should benefit from the ongoing trade war between the United States and China: Managing Director

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.

USAID, FEI to announce ‘3R’ project for development of CSR activities
Strategy to develop human resources management in 120 companies, says Torky

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

Fuel subsidies hurt industry, Egyptians alike: head of Petroleum, Mining Industries Chamber at FEI
For the Federation of Egyptian Industries (FEI), considering fuel subsidies was a significant step toward genuine economic reform which began with the floatation of the Egyptian pound, putting Egypt on the threshold of the required economic growth. The head of Petroleum and Mining Industries Chamber at the FEI, Tamer Abo Bakr, informed Daily News Egypt …

Investments in feeding industries amounted to EGP 16bn, employs 50,000: El Kady
No country completely manufactures entire car, focusing on components better alternative

Country must reconsider gas consumption system, utilise it on large scale in industry: El-Gabaly
Ministry plans to raise industrial products’ growth rates to 8% by 2020, says Nassar

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 …

FEI, FEDCOC, Parliament dispute on financial fines, prison sentences in consumer protection law
The Committee introduces penalties amounting to 5 years imprisonment, FEI, FEDCOC reject

FEB, FEI organise conference on transformation into non-monetary economy for 16 January
The Federation of Egyptian Banks (FEB) and the Federation of Egyptian Industries (FEI), in collaboration with the Centre for International Private Enterprise, will hold the second conference on the transformation into a non-monetary economy on 16 January 2018. The conference will be opened by Hisham Ezz El Arab, president of the FEB; Mohamed El Sewidi, …

Discussions with FEI to send promotional missions to Egyptian companies in Senegal
Israel rivals Egypt politically, but Iran, Turkey, China economically in Senegalese market

EGP flotation raises cement exports to 1 million tonnes in Q1
Cement sector did not export since 2009, says head of cement production division at FEI

FEI discusses application of energy price increases with energy council
The executive regulations of the Investment Law will be issued within three months, says head of FEI

FEI number of Investment Law articles to 56 to facilitate investment process
The Investment Law will be discussed in parliament next week

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

Real estate sector productive, represents 16% of GDP: Tarek Shoukry
The one-stop shop will not happen in Egypt, according to Hassanein

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