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

Ahmed Saleh appointed as Minister of Trade and Industry
Saleh was previously the vice chairperson of the Canal for Plastic Company.

Egypt to organise first expo for vehicle conversion to CNG in January 2021
Gamea explained that this exhibition aims to raise awareness of economic and environmental benefits of using compressed natural gas (CNG) as car fuel

Egypt to implement Arab Africa Trade Bridge programme in December
AATB aims to support Egyptian exports’ access to African markets

Potential investors at new industry clusters granted 6-month reprieve from rent
Trade Ministry extends application period for units in new industry clusters to 12 December

Egypt, COMESA discuss ways to enhance joint economic cooperation
Egypt’s MSMEDA to launch 50 Million African Women Speak platform in November, in cooperation with COMESA, EAC, and ECOWAS

MSMEDA provides EGP 2.3bn financing for infrastructure, community development under Al-Sisi
Projects provide nearly 30m job opportunities for daily workers nationwide, says Nevine Gamea

Egypt targets manufacture of 30m cloth masks per month
Government looks to manufacture 8m masks as part of first phase

Parliament approves MSMEs Law
The law also put in place flexible, new and updated mechanisms to facilitate the provision of financing for these projects and expand the provision of financial and non-financial incentives for the, as well as the development of simplified and flexible systems for permanent tax treatment.

Trade Ministry to settle EGP 1.5bn in arrears to 1,177 companies
In a seminar run by the Engineering Export Council of Egypt, entitled “Crisis Management, Challenges and Opportunities”, Gamea said the ministry is looking to ensure continuity of production and export processes.

Egypt halts export of alcohol, surgical masks for 3 months
Decision aims to secure Egyptians’ needs of medical gears to combat Coronavirus

Trade Minister meets exporters to discuss implications of Coronavirus outbreak
Government prepares urgent incentives to maintain production, export growth

Gamea, Abdel Wahab, 70 investors discuss industrial sector challenges
We will respond to all points raised during the meeting on Thursday, says Gamea

WB delegation, Trade, Industry min. discuss economic reforms’ priorities
Another WB mission to visit Egypt next week

Talks to use Industry Ministry’s untapped lands to launch SMEs
Both sides also discussed ways to enhance bilateral cooperation to increase Egyptian exports to the African market, as part of the Gosoor (Bridges) initiative, which aims to boost intra-trade between Egypt and other African countries. The initiative targets, in its first stage, 10 East African countries.

Egypt’s government signs overdue settlement agreements with nine exporting companies
Under this agreement, the government is committed to paying 20% of the dues before the month’s end, 20% during the first quarter of the next fiscal year, and the rest over three years.

Egypt is keen on developing collaboration among African countries: Amr Nassar
During a session entitled, “stimulating investments for industrial transformation in Africa”, the minister said, “Boosting collaboration among African countries will positively reflect on developing African economies, and will play an important role in achieving economic and social equality in the continent.”

African economic integration requires financial inclusion: minister
Made in Africa workshop discusses the development of transport and communications infrastructure, says Nassar

Egypt’s exports to hike 20% by year-end: Trade Minister
About 36% of Egypt’s imports are production inputs, says Nassar

2.6% increase in Egypt’s drug exports in 9M 2019, recording $392m: Trade Minister
His remarks came on the sidelines of Egypt’s inauguration of the Egyptian Medical Expo to Africa, which is held under the auspices of Egypt’s Prime Minister Mosatafa Madbouly and Amr Nassar, and organised by the Export Council for Medical Industries.

Three ministers likely to participate in EKBC’s first forum on Tuesday
Automotive, SCZone investments top priority for discussions, says Nosseir

Egyptian government keen on establishing sustainable relations with Japanese business community: Nassar
Businesspersons to join Egypt’s 50-member delegation for TICAD7, says EJBC

A Sino-Saudi partnership to establish an industrial complex for aluminum production in Egypt on 6 sqm
This came during a meeting with Chinese conglomerate HNA Group CEO Wang Jian and Mohammed Bin Abdulaziz Alajlan, vice chairperson of Al-Ajlan Group, at the cabinet in New Alamein.

Egypt has not yet benefited from its trade agreements with Africa: Industry Minister
“We aim to increase Egyptian exports to Africa to 4% of continent’s imports,” says Nassar

Trade Ministry, IFC’s delegation discuss development programmes to support industry, trade sectors
The two entities to implement joint programme to increase the competitiveness of Egyptian product in local and foreign markets

Nassar meets with Chinese clothing companies, discusses investment plans
Minister of Trade and Industry Amr Nassar met with Chinese companies working in the field of spinning, weaving, and ready-made garments, who are interested in investing in the Egyptian market, on the sidelines of his visit to the Chinese capital Beijing as part of the Egyptian delegation participating in the Belt and Road Forum. During …

Tunisian business delegation likely to meet Nasr, Nassar in April
Egypt has 317 Tunisian firms investing about $802m, says GAFI

Egypt offers comprehensive vision to meet African economic challenges: Nassar
Minister noted Al-Sisi’s appreciation for Uganda’s comprehensive vision of Africa’s political integration

Egypt enforces new quality standards for solar equipment imports in October
Maximum EGP 40,000 shall be paid by importer for testing each container

Trade Ministry issues 4 decrees for manufacturers, importers to commit to Egyptian standards
The Minister of Trade and Industry, Amr Nassar, issued four ministerial decrees on granting manufacturers, and importers of food commodities, as well as engineering products a deadline in order to adjust their conditions in accordance with Egyptian standards, in addition to obliging the manufacturers of food commodities to produce in accordance with Egyptian standards. The …

Egypt-France trade exchange climbs to €2.2bn in 11M18
Government adopts comprehensive development strategy until 2020 to improve competitiveness of local products, says Nassar