Latest in Tag: Tarek Kabil Highlight
Latest in Tag: Tarek Kabil

Kabil joins HDB board
The Housing and Development Bank’s (HDB) general assembly approved on Wednesday the appointment of Tarek Kabil, former minister of trade and industry, as an independent member of the bank’s board of directors, after obtaining the approval of the Central Bank of Egypt (CBE). The board of directors of the HDB includes Fathi Sebaey as chairperson …

Industry minister decrees amends to Industrial Registration Law’s executive regulations
Conditional industrial record guarantees seriousness of any industrial project, says minister

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

16% increase in Egyptian non-oil exports in 4M 2018: Kabil
Egypt’s foreign trade exchange increased 12%, says minister of trade and industry

Russia lifts ban on Egyptian potato exports
Tarek Kabil, minister of trade and industry, announced in a press statement on Saturday that Russian authorities have agreed to lift the imposed ban on Egyptian potato exports from eight agricultural areas. He added that exporting from those areas will begin starting from 6 June. The minister added that the decision is the culmination of …

Trade Ministry discusses establishing first Egyptian council for design, fashion
New council aims to implement long-term strategy to present Egyptian fashion week in 2020, says minister

Kabil heads Egyptian delegation at Egyptian-Russian joint committee meeting
Establishing Russian industrial zone in Egypt top priority on committee’s agenda

Egypt’s automotive industry investments amount to $3bn: trade minister
Egypt’s automotive sector, feeder industries exports amounted to $700m in 2017, says Kabil

Egypt sets new controls for plastic, rubber haberdashery, waste imports
New rules aim to regulate importation of materials to meet local industry needs, says Kabil

Commodity trade between Egypt, Saudi Arabia at EGP 3bn in 2017
The total volume of commodity trade between Egypt and Saudi Arabia during 2017 amounted to about EGP 3bn, according to Egyptian Minister of Trade and Industry Tarek Kabil. Kabil noted that Saudi Arabia was among the largest Arab countries investing in the Egyptian market in 2017 with a total of $6.3bn invested in 4,274 projects where …

Industry Ministry increases local component ratio in car assembling to 46%
Minister of Trade and Industry Tarek Kabil issued a decision to regulate the system of determining the ratio of local components in the car industry and its feeding industries. The decision stipulated that local components in car manufacturing must not be less than 46%. The contributions of the assembling line in the local manufacturing of …

55% increase in trade exchange between Egypt, Russia in Q1 2018: Kabil
Egyptian-Russian economic committee meetings to be held in second half of May in Moscow, says Kabil

Kabil, 50 Chinese textile business leaders discuss investment opportunities in Egypt
There are great opportunities for investment partnerships between Egyptian, Chinese private sectors, minister says

21% increase in Egyptian exports to EU market: Kabil
Egyptian commodity exports to European Union (EU) countries increased significantly during 2017, at a value of about €8.1bn, compared to €6.7bn in 2016, an increase of 21%, according to a Friday press statement from Minister of Trade and Industry Tarek Kabil. Furthermore, the large increase in Egyptian exports to these markets contributed to the growth …

99% of construction work on production units at Damietta’s furniture city complete: Kabil
Minister of Trade and Industry Tarek Kabil announced that the construction work at the new furniture city in Damietta is proceeding according to the ministry’s plan and timetable, revealing that 99% of the construction work on 1,400 units has been completed. This came during the meeting held by the minister to follow up on the …

WTO African Group elects Egypt to head negotiations on agriculture, goods exportÂ
The African Group at the World Trade Organization (WTO) unanimously decided to re-elect Egypt, represented by the Egyptian Commercial Service Office of the permanent mission of Egypt in Geneva, to be a focal point for the continental group with regards to negotiations on agriculture and export of non-agricultural goods to foreign markets, according to Egyptian …

€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 …

African Continental Free Trade Area is major step towards African unity: Kabil
Agreement would result in largest free-trade area in terms of participating countries since WTO formation

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

Egypt supports new Euro-Mediterranean preferential rules of origin: Kabil
10th UfM meeting new launching point for economic, trade relations between EU, East Europe, southern Mediterranean, says minister of trade

Kabil participates in 10th UFM trade ministers meetingÂ
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 …

$1.287bn of trade exchange between Egypt, EFTA countries in 2017
Saeed Abdallah, head of the trade agreements sector at the Ministry of Trade and Industry, announced on Friday that the trade exchange between Egypt and European Free Trade Association (EFTA) countries recorded $1.287bn in 2017. The EFTA is a regional trade organisation and free-trade area consisting of four European states: Iceland, Liechtenstein, Norway, and Switzerland. …

$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: KabilÂ
Minister of Trade and Industry Tarek Kabil announced on Wednesday, in a press release, that 102Â 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 ProgrammeÂ
Decision will contribute to removing Egypt from list of countries banned from manufacturing, exporting readymade clothes, furniture to international companies, says KabilÂ

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

$5.6bn in trade between US, Egypt; $2.4bn US investments in Egypt: Kabil
Minister of trade and industry meets with AmCham delegation heading to US