Latest in Tag: Minister of Trade and Industry Highlight
Latest in Tag: Minister of Trade and Industry
€7.5bn, Egyptian exports to the EU markets in first 11 months of 2017: Kabil
Minister of Trade and Industry Tarek Kabil announced that Egyptian exports to European Union (EU) markets achieved a significant increase of 24% during the first 11 months of 2017, reaching €7.5bn, compared to€ 6.3bn during the same period of 2016. He continued that Egyptian imports from the EU decreased during the first 11 months of …
Egyptian-Portuguese Business Council to begin first meetings in March
New chairperson of the Egyptian-Portuguese Business Council (EPBC), Mohamed Abul-Enein, said that the council will start its first meetings in March, after a decision to form the council was recently issued by Minister of Trade and Industry Tarek Kabil. “The first EPBC meeting will be held in the presence of council members to share views about how …
Egypt discusses with Romania enhancing joint trade, investment relations
Volume of trade exchange between two countries from January to November 2017 reached $617m
EIT surprises local SUV market with Kia assembly deal
Locally-assembled Kia Sorento to go on sale in last quarter of 2018
Kabil participates in 10th UFM trade ministers meeting
Minister of Trade and Industry Tarek Kabil announced in a press statement on Sunday that he will participate, after an eight-year Egyptian hiatus, in the 10th meeting of trade ministers of the Union for the Mediterranean (UFM) countries, which is being held in Brussels on Monday. The meeting aims to follow up and activate cooperation …
$2.5bn in Egyptian exports to UAE in 2017: Kabil
We seek to find real partnership based on identifying available manufacturing capabilities to meet consumer needs in both countries, says UAE minister of economy
102 Egyptian companies participated in Fruit Logistica: Kabil
Minister of Trade and Industry Tarek Kabil announced on Wednesday, in a press release, that 102 Egyptian companies, some of the largest producers of vegetables and fruits, participated in the activities of the Fruit Logistica trade show. This came according to the latest report received by the minister from the Egyptian Commercial Office in Berlin on …
Egypt to participate at CIIE, Dubai Expo 2020
Minister of Trade and Industry Tarek Kabil announced that the board of directors of the Export Development Authority has agreed for the authority to arrange for Egypt’s participation at the first China International Import Expo (CIIE), scheduled to be held next November. Moreover, they agreed for the Export Development Authority to also arrange Egyptian participation …
ILO agrees to complete second phase of Better Work Programme
Decision will contribute to removing Egypt from list of countries banned from manufacturing, exporting readymade clothes, furniture to international companies, says Kabil
Kabil discusses investment opportunities with major Polish companies’ delegation
Coming period will witness greater Polish investments in fields of manufacturing spare parts, motor oil, railways, mining, says Kabil
Current export duties on some mining materials to continue for 1 year
Decision aims at encouraging local industry, says minister of trade and industry
Industrial investment map offers more than 4,800 investment opportunities: minister
Under the auspices of President Abdel Fattah Al-Sisi, the 3rd Egypt Investment Forum, organised by the General Federation of Chambers of Commerce in collaboration with the Union of Arab Chambers and Al-Iktissad Wal-Aamal group, was inaugurated on Saturday evening with the participation of more than 600 business leaders and development partners from around the world …
Polish company launches 1st dairy production complex in Egypt worth EGP 1.5bn
Production of first phase to begin by end-2018, says minister
Egyptian exports to Russia rose 32.8% in 11M of 2017
Preliminary indicators show Egyptian exports to Russia will exceed $500m for first time in trade relations history between two countries, says Kabil
Expo Egypt portal to launch this month
The pilot version of the Egyptian portal “Expo Egypt” will be launched in the current month, according to Minister of Trade and Industry Tarek Kabil. Kabil said that the portal will serve as an electronic platform containing studies and information on foreign markets and will be a virtual market to link exporters with importers. He …
IDA to put forward 5m sqm of industrial development land this year: Kabil
Authority completed allocating 8m sqm of industrial developer land in 10th of Ramadan, Sadat cities
$1.5bn, Egypt – UAE 2017 trade balance surplus in favour of Egypt : Kabil
Ministry aims at strengthening Egypt’s commercial relations with UAE, Says Minister of Trade and Industry
Industry Ministry completes procedures to offer 13 licensed industrial complexes
Minister of Trade and Industry Tarek Kabil said that his ministry is now finalising the procedures for offering 13 licensed industrial complexes under the Presidential Initiative for Youth Employment, a ministry statement said on Tuesday. He added that these complexes will be established in 12 governorates, including nine complexes in Upper Egypt. This includes two …
26% decrease in trade deficit in 11M 2017
Minister of Trade and Industry Tarek Kabil said that the trade balance deficit has decreased significantly, by 26%, during the first 11 months (11M) of 2017, versus 13% in 2016. He added that the trade balance deficit has reached $12bn, explaining that $10bn decline in imports and $2bn increase in exports in the first 11 …
1,202 factories were opened in 2017 with investments of EGP 27bn
Industry sector saw issuing of Industrial Licenses Law, launching the industrial investment map, offering 17.5 msqm in 201
Industry Ministry seeks to attract British investment to automotive sector
The Ministry of Trade and Industry aims to increase British investments in the automotive, engineering, and textile sectors
Lack of affordable lands, enacting laws main challenges of new industrial investment map: investors
Minister of Trade and Industry Tarek Kabil launched the industrial investment map, which includes all available industrial investment opportunities in various governorates in Egypt. The data at the ministry’s website indicates that there are 3,886 industrial investment opportunities in 27 Egyptian governorates. In February, the ministry launched the first phase of the industrial investment map, …
US must intervene to reduce proportion of Israeli component in QIZ: Kabil
Current government has been forced to implement the harshest economic reform programme, and the indicators show that we are moving in the right direction
Launching small industries complex in Sukhna, includes 47 factories with investments worth EGP 800m: Industry Minister
We seek to achieve a real industry that increases GDP rates and create jobs: Kabil
Egyptian exports to Kenya jump 30%, imports fall by 27% during H1 2017: Kabil
There was a 239% increase in the trade balance between Egypt and Kenya, says Minister of Trade and Industry
Egypt’s economic reform plan helps in restoring country’s position in world map: Kabil
New Industrial Licensing Law puts Egypt among the most attractive countries worldwide for investment in the industrial sector, says the Minister of Trade and Industry
Kabil discusses with French ambassador boosting trade, investment relations between Egypt, France
Minister of Trade and Industry Tarek Kabil held a meeting on Wednesday with Stefan Roumtier, the French ambassador to Egypt, to discuss the joint economic cooperation between the two countries, as well as increasing bilateral trade and investments, especially during the upcoming period. Kabil and Roumtier discussed the future and nature of the expected cooperation …
Saudi Arabian Savola plans to expand in Egypt: Industry Minister
Savola is engaged in the production of foodstuffs, such as sugar and oils
Egypt back on global economy map as promising economy in MENA: Minister of Trade and Industry at Euromoney
16m sqm of industrial lands launched in 2016 and first half of 2017, we expect to launch 15 million more sqm soon
Industrial investment map to be completed by the end of September
Industry Ministry receives investment request with investments of $16b