Latest in Tag: Minister of Industry and Trade Highlight
Latest in Tag: Minister of Industry and Trade

Industry minister announces establishing largest textile city in Sadat City
President Al-Sisi expressed interest of 50% government financing for project on condition of reducing implementation time

Egypt keen to apply quality standards in all sectors to enhance Egyptian products competitiveness: Kabil
Preparation of 228 new standards, 751 inspection campaigns on the factories, analysing 4,835 testing samples

Egyptian exports to the UAE exceed $2bn last year, up by 125%
UAE investments ranked first in the list of countries investing in Egypt, says Kabil

Kabil, Sharma discuss IKEA’s expansion plans in Egypt
Egyptian market world possesses the promising investment opportunities, states Sharma

FAW to set up factory to produce, assemble transport vehicles, minibuses in 10th of Ramadan
Actual production of the company to begin in the beginning of March, says Kabil

Egyptian economy witnessing remarkable development across all sectors: Kabil
Trade exchange between Egypt and China amounted $11bn in 2016

Industry Ministry forms committee of requirements for industrial establishments licensing
The IDA granted 923 licences for industrial establishment since the issuing of the executive regulations of the law, says Kabil

26% increase of Egyptian exports to Russia highest in 3 years: Kabil
Egyptian exports to the country during the first half (H1) of 2017 amounted to about $360m

URSUS to produce agricultural tractors with investments up to $100m
The products of the new project will have the mark “Made in Egypt”, says Industry Minister

Egypt, Belarus mull over new joint ventures
Belarus is increasing its trade with Egypt and considering setting up new joint ventures, according to a statement issued by the Ministry of Industry and Trade on Thursday. The statement added that Minister of Industry and Trade Tarek Kabil met with a delegation of Belarusian businesspeople to discuss further cooperation. Between January and April 2017, …

Industry Ministry provided 15,000 new jobs in FY 2016/17
Industry Ministry provided 15,000 new jobs in FY 2016/17

Industry Minister inaugurates two new factories in Beni Suef with Egyptian-Korean investments of EGP200m
Laying the foundation stone of an integrated industrial complex for the production of household appliances with investments of EGP 2.4bn

Ministry of Industry and Trade to offer new industrial parks in upper Egypt July 4th
Each industrial complex will include 200 small factories

New controls will lead 30% of importers to exit market: businessmen
Restricted policies may decrease the import bill by $2bn by the end of the current year, says El-Naggar

Finance Ministry prohibits exporting leather before inspection by GOEIC
The decision aims to regulate the export of leather and prevent manipulation in the shipments exported, says Industry Minister

Trade Ministry presents New Export Development Authority export plan
New Export Development Authority aims to develop 17 branches of the International Trade Point, says the authority’s head

Egypt’s exports increase by 14% in first 4 months of 2017
The value of Egyptian exports reached $7.438bn in 2017, while in 2016 they recorded $6.545bn

GOEIC rejects 153 imported containers due to non-conformity
The organisation has issued 28,270 certificates of origin for exported Egyptian goods

SC Johnson considers reaching Africa through expansion in Egypt
The company has operations in more than 70 countries around the world and has been operating in Egypt for 34 years

Industry ministry allocates free industrial zones in Upper Egypt
The ministry is to provide more industrial zones in eight governorates in Upper Egypt

15m sqm of land to be developed during 2017
The Industrial Development Authority received requests for 15 projects worth EGP 16bn, says Kabil

Exports increased after Egyptian pound’s flotation: Minister of Industry and Trade
Minister of Industry and Trade Tarek Kabil said that the flotation of the Egyptian pound has helped promote the country’s exports and limit its imports, according to a statement issued by Beltone Financial on Wednesday. Kabil added during Beltone Financial’s “Africa’s Era, Egypt’s Moment” conference, which is currently being held, that “the 2011 revolution impacted …

Cabinet approves establishment of economic authority to develop Golden Triangle
The project aims to redistribute the population from the Nile Valley to the Golden Triangle

Government has taken serious steps towards applying real economic reform to achieve sustainable growth: Kabil
Ministry plans to complete the establishment of the first three industrial parks

Egypt’s exports to Lebanon increase by 65%: Minister of Industry and Trade
Minister of Industry and Trade Tarek Kabil said that Egyptian exports to Lebanon increased by 65% during 2016 compared to 2015, adding that a lot of different fields benefited from the increase. Construction materials manufacturers benefitted most from the hike in exports, as their exports increased by 225% to record EGP 277m. Kabil said in …

Industry and Trade Minister looks to benefit from ITFC financing mechanisms to enhance exports
ITFC local branch will communicate with the ministry in order to understand the requirements needed for a joint work plan

Egypt, Slovenia sign 3 business cooperation agreements
Trade volume between Egypt and Slovenia amounted to €161m in 2015, says minister

Industry Minister inaugurates 3 factories worth EGP 362m in Kafr El-Dawar
Launch of new stock market for fruits and vegetables in Badr centre at a cost of EGP 590m

Industry and Trade Ministry targets 8% industrial growth by 2020
We target to increase private investment from EGP 43bn to nearly EGP 100bn by 2020, says minister

Industry and Trade Ministry signs 3 cooperation protocols with NBE, ECHEM to support SMEs
Minister of Industry and Trade Tarek Kabil signed three cooperation protocols with the aim of providing facilitated financing packages and raw materials to small- and medium-sized enterprises (SMEs) in the two cities of Al-Robeky for leather, and Merghem for plastic industries. The minister said that an integrated industrial zone for leather was established with the …