Latest in Tag: Ministry of Industry Highlight
Latest in Tag: Ministry of Industry
Transport Division raises reservations to MERCOSUR for Ministry of Industry this week
According to Vice President of the Transport Division of the Federation of Egyptian Industries (FEI) Samir Allam, the division prepared a memorandum clarifying the impact of the MERCOSUR agreement on the automotive industry. The division will present the memorandum to the Ministry of Industry during the current week. Allam added that the signing and implementation …
Ministry of Industry to launch Misr Venture Capital to finance troubled factories
Inauguration begins with studying 72 defaulting factories in coordination with Industrial Modernization Centre
Industry Minister meets with head of OECD to discuss cooperation in SME development
The organisation will provide technical support necessary for the development of the SCZone, says Kabil
Minister of Industry and Trade in Sohag, Assiut on Saturday and Sunday
The minister will inaugurate several new investment projects, inspect several existing others, and take part in the third investment and entrepreneurship conference “Saidi Startup”
Restructuring of Ministry of Industry aims at reducing bureaucracy: Kabil
The ministry will reduce its agencies and institutions to 25 in the near future instead of 36 currently
Signing of Russian industrial zone in Egypt agreement soon
The new zone will bring back Russian industry to the Egyptian market
Ministry of Industry creates export strategy to Africa for next 3 years
Minister of Industry and Trade Tarek Kabil announced that the ministry will complete the establishment of a new strategy that aims at increasing exports to Africa within the next three years. He added that the ministry cooperated with five export councils, namely the chemical and fertilisers, building industries, food, engineering, and medical councils, to create …
$6.5m allocated to establish solar energy project for industrial purposes: Ministry of Industry
Project to be established within five years; ministry cooperates with UNIDO
Industry Minister reviews draft of Golden Triangle project’s masterplan
The project includes industrial and mining plans as well as agricultural, tourist and commercial projects
Analysts laud lowering gas prices for steel factories
Steel factories were spending $2bn to import steel plate, to offset low production resulting from gas shortage
Ministries of Investment, Industry to allocate land for free to prioritised sectors
Saudi investor Kaki expected to arrive in two weeks to settle dispute over Tanta Flax Company
IDA receives 37 applications for coal-fired cement factories
Ministry of Industry issues 14 licenses
Minister of Industry and EU delegation head inaugurate Trade and Domestic Market Enhancement Programme
Ministry of Industry targets a 9% growth rate by 2020, with industry’s share of GDP to appreciate to 22%
IMC approves industrial sector urgent problems resolving plan for the coming 6 months: Industry Minister
IMC succeeded in providing 1138 service for 553 companies during six months, says executive manager
Ministry of Industry to increase export fees on fabric scraps to EGP 3,500 per tonne
Exports of scrap fabric for recycling increased to 294 tonnes in 2015, threatening the domestic textile industry
Ministry of Industry decreases nitrogen fertilisers export fees to EGP 50
The decree aims at achieving balance in the fertilisers market in Egypt through the development of a comprehensive system
Ministry of Industry establishes Handicrafts Industries Chamber
The chamber includes industries of handmade textiles, pottery, porcelain, ceramics, woodwork, metal handicrafts, carpets and jewellery
CBE should lower interest rates for stalled factories: Cairo Cotton Chairman
EGP 400m fund to support inoperative factories
Ministry of Industry to postpone application of new standards for cars
Qabil demands action plan from companies to increase competitiveness
GB Auto, Ministry of Industry discuss local component percentage in tuk-tuks, motorcycles
Automotive company undertakes negotiations in cooperation with major supplier to commence with establishing factory within a month
Trade deficit sees 4.4% hike in Q3 of FY 2014/2015
In a country that is more dependent on imports, it is generally common to find a deficit in trade balance
April trade deficit up 52.7% YOY
Egypt recorded trade balance deficit of EGP 24.60bn in April 2015, says CAPMAS
Talks to be held mid-April for Arab Customs Union establishment: Ministry of Industry
To date, requirements for establishing the union have not been fulfilled by Arab member states
Federation of Egyptian Industries submits proposal amending automotive sector taxation
By Ahmed Amer The Federation of Egyptian Industries (FEI) has submitted a proposal to the ministries of Industry and Finance to amend the tax and customs system in place for the automotive sector. The proposal includes reassessing the sales tax on local and imported cars to boost domestic products, and granting advantages and competitiveness against …
Chinese investments in fiberglass plant reach $235m
First phase of new plant to produce fiberglass completed, plant will provide 2,000 job opportunities
Industry minister orders restructuring of 16 export councils
Abdel Nour says export councils in question had failed to achieve past targets
96,139 job opportunities generated during the last month: Minister of Industry
Number of applicants fewer than job opportunities provided, executive director of Industrial Training Council says
Ministry of Industry launches tyre retreading project
Retreading old tyres costs 60% less than producing new tyres, and uses 40% less energy, minister says
Samsung, HAS to invest $100m in Egypt: Ministry of Industry and Foreign Trade
Samsung Electronics plans to invest $60m in its project in Beni Suef, Yemen’s Hayel Saeed Anam will pump $40m in solar panel production
Dubai’s Majid Al Futtaim group invests EGP 16.5bn in Egypt
The retail group plans to establish five commercial malls in Egypt over the next five years