Latest in Tag: IDA Highlight
Latest in Tag: IDA
IDA offers 7 new ready-made industrial complexes
“In the coming period, the IDA seeks to eliminate bureaucracy and make investment procedures easier for investors,” he said during a press conference on Monday, “In order to facilitate investors, the authority held a community consultation session to study a strategic environmental impact assessment that it prepared for seven industrial complexes that will be launched.”
WB’s IDA allocates $53bn for the less-privileged countries in Africa
Finance to focus on climate change, gender inequality, conflict, violence within next three years
IDA plans to offer 28.5m sqm of industrial lands by end 2020
Will offer New Salhia project for agricultural reclamation through special developer system soon
IDA to co-manage, develop industrial parks in 12 governorates
MSMEDA to provide necessary financing to owners of small industrial projects
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
IDA to offer 15m sqm industrial land plots for investors in 2019
The Industrial Development Authority (IDA) plans to offer industrial land plots of 15m sqm for investors within a wider plan to offer 60m sqm land plots from 2016 to 2020. On the sidelines of the Egyptian Businessmen Association’s symposium on industrial development and its impact on sustainable development, Magdy Ghazi, chairperson of the IDA, said …
430 industrial projects to be established with investments of EGP 161bn: IDA
Authority issues 11,501 licenses during first seven months of FY 2018/19
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 …
Parliament approves law designating IDA independent economic body
Parliament approved a law designating the Industrial Development Authority (IDA) an independent body capable of meeting the needs of the industrial sector in Egypt, increasing investment opportunities, and pushing growth indicators to growth during the coming period The law stipulates that the IDA shall be a public economic entity that is legally independent. It shall …
United Bank, IDA cooperate to support SMEs
Bank’s role is to grant funding, raise financial culture of investors, says Kashmiri
IDA signs contracts to establish two industrial zones through industrial developer system in Sadat City
Authority will soon sign a contract to allocate 3rd industrial developer contract with CBE, says Abdel Razek
Good Sense Factory for aluminium panels launches with investments worth EGP 200m
Factory will cover the needs of the Egyptian market after the completion of the second phase
AlexBank signs cooperation protocol with IDA to finance industrial units acquired by SMEs
Protocol addresses IDA, Alex Bank’s mutual desire to boost industrial investments in Egypt, says chairperson of IDA
Government sets conditions to resume industrial development projects after 10-year suspension
Daily News Egypt sheds light on the conditions brochure of the first land offering for the project in 10th of Ramadan City
State cannot prohibit importation of goods, as it goes against international trade laws: IDA chairperson
World Bank annual business reports are political
IDA sets firm controls to reduce Land Banking
IDA has revoked 600 land plots from non-serious investors this year with plans to offer the lands again.
IDA to establish industrial zone with CNY 5bn of investment
China finances 60% of the project that will be specialised in textile industries
Cypriot pharmaceutical company seeks investing €20m in Egypt: IDA head
IDA has launched 16m million sqm of land in one year, says Abdel Razek
Adoption of the executive regulations of the new licensing law within a month
IDA granted temporary licenses for one year to low-risk industrial facilities, where 47 plants submitted license requests, says head of IDA
IDA extends application period for Raswa complex until 4 May
The authority increased the period of application submission because there was a high demand on industrial facilities and some investors have not completed their papers yet
IDA studies establishing Syrian industrial zone in 10th of Ramadan
The zone will include 70-80 Syrian factories for textiles, food, and pharmaceuticals
15m sqm of land to be developed during 2017
The Industrial Development Authority received requests for 15 projects worth EGP 16bn, says Kabil
12 industrial complexes are ready for SME’s in 2017: IDA
House of Representatives will issue new licensing law within 10 days
IDA offers El-Raswa and Badr complexes to investors on 8 January: chairperson
Ready complexes will be delivered within a year and prices are between EGP 1.4m and EGP 3m according to its space, says Ahmed Abdel Razek
Banque Misr signs protocol with IDA to finance establishment of industrial parks for MSMEs
Banque Misr and the Industrial Development Authority (IDA) signed a cooperation protocol to finance the establishment of industrial parks. Mohamed El-Etreby, chairperson of Banque Misr, and chairperson of the Industrial Development Authority (IDA) Ahmed Abdel Razek signed the protocol. The agreement includes Banque Misr offering financing for allocated projects and reviewing them within 15 days. …
NBE, IDA to finance projects under ‘Your factory is ready’ initiative
Total SMEs portfolio in the NBE reached EGP 28.4bn and serves 51,600 projects, says Montasser
Government reaches settlement with ArcelorMittal to avoid paying $600m in compensation
The Egyptian government, represented in the chairperson of the Industrial Development Authority (IDA) Ahmed Abdel Razek, has a settlement contract in London signed with the largest steel producer in the world, ArcelorMittal, in the presence of Investment Minister Dalia Khorshid and company chairperson Lakshmi Mittal. “The friendly settlement stipulates that the arbitration lawsuit [has been …
IDA to put controls on offering industrial lands in Upper Egypt free of charge
Supreme Council for Investment approves offering lands in the New Administrative Capital and new cities at a 25% discount for three months after offering date
Ministry of Industry and Trade to establish centre for issuing industrial licences
The Ministry of Industry and Trade will establish a major centre under the mandate of the Industrial Development Authority (IDA) to be responsible for issuing industrial licences in line with the new law for these licences, which is currently under consideration by the parliament, Minister Tarek Kabil announced. He said that the centre will be the …
IDA has completed facilitation of 37 industrial zones in 20 governorates with funding worth EGP 4.4bn
Ismail Gaber, head of the Industrial Development Authority (IDA), said that the total number of industrial zones in Egypt has reached 129, of which 77 zones are affiliated with their respective governorates and 15 zones belong to the Ministry of Trade and Industry. Twenty of the aforementioned zones belong to the New Urban Communities Authority, …