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

Egypt seeks to reduce Israeli component in QIZ trade agreement to 8%
US secretary of commerce demands Egypt facilitate the participation of US companies in government tenders

MOU signed between Egypt and Poland to boost economic cooperation
Plans to establish an Egyptian-Polish Chamber of Commerce to promote bilateral trade

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

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

Egyptian exports rose by 25% in January: trade ministry
44% decline in trade deficit during January

Signing of Russian industrial zone in Egypt agreement soon
The new zone will bring back Russian industry to the Egyptian market

Industry ministry negotiates $150m funding programme with World Bank
The programme includes maintaining schools and health centres, as well as rehabilitating poor families’ houses

Ministry of Trade and Industry approves 226 new industrial projects with EGP 8bn investments
Positive indicators reflect ministry’s strategy to promote development until 2020: Kabil

Industry Minister meets Japanese Ambassador to boost economic cooperation
A delegation of Japanese food industry companies to visit Cairo next month

Cargill to inject $10m in new investments in Egypt: Kabil
Egypt has great investment opportunities in agriculture, food and grain storage, and transport logistics, states Cargill

Industry ministry establishes Export Development Center, including EITP
Head of the centre and his deputies to be appointed, forming the administrative structure within days

$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

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

Ministry of Industry and Trade to negotiate Egypt-EAEU free trade
The final ratification of the Mercosur agreement will be done soon, says Kabil

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 Ministry to offer new lands for industrial investment in 2017
The next year will also witness the opening of a number of specialised industrial clusters, including new tanneries in Rubeiky city, furniture factories in Damietta and a plastics city in Margham, Alexandria

Launch of industrial development strategy most important achievement in 2016: Kabil
The ministry designed several programmes within its strategy

Heinz products meet health, safety standards: Industry and Trade Ministry
The ministry’s report said that there were no irregularities in the factory’s production cycle

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 Ministry, CBE seek provision of soft loans for industrial companies
Committee to be formed to determine mechanisms and procedures of providing funding and ensuring ability of companies to repay, says minister

Minister of Industry to grant temporary industrial licences for existing plants
IDA issues one-year permits within five days of completing the necessary documentation, says Kabil

Egyptian companies to export $12m worth of goods to Iraqi market: Trade Minister
Egyptian exports to the Iraqi market amounted to $782m in 2014 and $470m in 2015

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 holds meeting with concerned ministries to study new costs of transporting food products
Industry and Trade Minister Tarek Kabil was commissioned by the prime minister to hold a meeting with Transportation Minister Galal Saeed, Supply Minister Mohammad Ali Meselhy, and President of the Federation of Egyptian Chambers of Commerce (FEDCOC) Ahmed El-Wakeel to study the fees for transporting food products following the increase in the prices of …

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 …

Egypt seeks to be listed among the top 30 countries in economic, social development: Trade and Industry Minister
The government targets reaching 6% growth in GDP next year, increasing investments by 19%, says minister