Latest in Tag: Industry Ministry Highlight
Latest in Tag: Industry Ministry

Industry Ministry implements plan to boost local manufacturing, exports: Gamea
100 measures to encourage investments in industry

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

Industry Ministry secures disinfectant factories’ needs of ethanol, methanol
The ICA has conducted 2,108 inspection tours of local factories and 4,413 specialised technical studies in the first quarter of 2020.

Siemens presents study to Industry Ministry to increase local products’ competitiveness
Wael Omar, senior vice president of digital industries at Siemens Egypt, said that German experts conducted a study on four industrial zones in Egypt. The industrial zones hold 12 factories divided into three small, medium, and large enterprises, and was classified on the basis of sales volume, production, and employment.

Industry ministry to offer, allocate 13 industrial complexes in 12 governorates in 2019
Offering15m sqm plots of industrial land in Sadat, Borg Al Arab, Upper Egypt in 2019

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

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 …

Industry Ministry to inaugurate three plants with EGP 2.3bn Saudi-Egyptian investment
Egyptian components in television screens will reach 71%, says minister

Industry Ministry intends to increase trade to reach 45% of GDP by 2020
33.5% Egyptian trade ratio to GDP in 2016, says minister

Transfer of 3.1m sqm of land in Sadat City to Industry Ministry: housing minister
Small industrial units exempted from payment of delay penalties in case of paying all dues within 4 months from date of advertising in newspapers

Industry Ministry launches first industrial investment map includes 4,136 opportunities
Formation of joint Committee of Trade, Industry and Immigration ministries to promote industrial projects abroad, says Makram

Industry Ministry obliges importers to follow standard specifications of 10 products
More than 90% of Egyptian specifications met international standards, says Kabil

Industry Ministry offers lands in the second phase of Rubeiki leather city
116 production units were allocated in the first phase, with a total of 67% of the total area of the first phase, says minister

Industry Ministry launches the second textile city in Badr on one million sqm
The city includes 198 plots of land for spinning, weaving, clothing and dyeing industries, says minister

Industry Minister inaugurates 2017 Automech Formula Exhibition in Cairo
Egypt qualified to be an auto industry centre in the Middle East and Africa, says Kabil

MoU signed between Industry Ministry, Siemens to technologically develop industrial zones
The MoU seeks to provide innovative products and solutions that transform industrial zones in Egypt into smart areas

Chamber of Food Industries, Industry Ministry study launching national projects
The juice industry will be the most developed sector in the coming period because it depends on local raw materials: Gazayerli expected

Industry ministry to offer 2 million sqm in Sadat City next month
The ministry is expected to offer about 15 million sqm by the end of the current year, says minister

Industry Ministry issues executive regulation for law licensing industrial establishments
Any official or employee causes the disruption of the work of licensed industrial facility pays a fine of not less than EGP 5,000 and not exceed EGP 100,000, says minister

Industry Ministry shrinks industrial licensing time to less than 7 days down from 600 days
If it takes two years for a license, I’ll take my business elsewhere, says Kabil

Industry ministry to form a conflict-solving committee for auto companies
Committee includes the Industrial Development Authority and the transport and feeder industries divisions

Industry ministry completes transfer of 10 factories to Al Robeiki Leather City
The transfer of the second batch of Magra Al-Oyoun’s factories to the new city will start soon, says minister

Increasing interest rates on loans has no effect on industrial sector on long term, inflation to fall in November: Kabil
The industrial sector is facing lots of obstacles but is capable of continuing

Industry Ministry restricts import procedures to ban entry of low-quality goods: Kabil
Ministry lifted minimum capital of importing companies

Industry ministry establishes Export Development Center, including EITP
Head of the centre and his deputies to be appointed, forming the administrative structure within days

Industry Ministry aims to boost exports to $34bn by 2020
EDBE and ECGE to be activated to increase competitiveness of Egyptian products across global markets

Industry Ministry, CBE seek provision of soft loans for industrial companies
Committee to be formed to determine mechanisms and procedures of providing funding and ensuring ability of companies to repay, says minister

Parliament objects to raising Industry Ministry’s consultancy, research allocation to EGP 266m in next fiscal year
EGP 560m allocated to ministry despite priority being to increase spending on education and health, says sources

Industry Ministry targets 8% industrial growth in 2020
The ministry aims to reduce the trade deficit by 40% in 2020, says Qabil

Industry Ministry, Cairo Chamber agree on registering eligible factories within a week
Importers demand factories’ non-conforming products be written off rather than factories themselves