Minister of Industry and Foreign Trade

Trade min. upgrades Abu Zenima industrial zone

Wed, 15 Aug 2018 - 02:06 GMT

The project is carried out in cooperation with the Industrial Development Authority (IDA) and the National Organization for Military Production (NOMP).

Egypt’s non-oil exports record $12.75B in H1 of 2018

Tue, 17 Jul 2018 - 11:22 GMT

The minister clarified that the amount of the exports rose by $1.53 billion during the first half of the current year.

Egypt’s exports to China record $408M in 2017

Sun, 08 Jul 2018 - 12:15 GMT

This came during a meeting held between Nassar and Chinese Ambassador to Cairo Song Aiguo.

Egypt’s exports to Russia jump 41% in 4 months

Thu, 28 Jun 2018 - 01:01 GMT

The minister noted that the rise contributed to reducing the trade deficit between the two countries.

Egypt’s non-oil exports climb 16% to $8.64B in 4 months

Sun, 03 Jun 2018 - 12:32 GMT

The total volume of foreign trade climbed 12 percent in the January-to-April period of 2018 to reach $29.36 billion, compared to $26.14 billion in the same period of 2017.

Trade Exchange between Egypt, Britain hits £447M in Q1 2018

Wed, 30 May 2018 - 12:21 GMT

The minister clarified that the trade exchange between the two countries reached £1.86 billion in 2017.

Trade Min. inaugurates 2 production lines of Mars worth LE750M

Tue, 27 Feb 2018 - 10:11 GMT

Kabil added that Mars expansion plans are positive results of Egypt's economic reform program.

Mars Egypt inaugurates 2 chocolate lines worth LE 750M

Sun, 28 Jan 2018 - 02:33 GMT

Mars investment’s volume will reach LE 2 billion with 10,000 job opportunities, according to the press release.

LE 728M in funds for Beni Suef’s industrial zone: Minister

Sun, 21 Jan 2018 - 12:42 GMT

“Four industrial zones will be inaugurated in Qena and Sohag during the upcoming period,” Kabil noted.

Egypt to build biggest textile, clothing city in 18 months

Mon, 15 Jan 2018 - 03:01 GMT

The city will contain 568 factories with $2 billion as a paid capital to be invested during seven year, Minister of Industry and Foreign TradeTarekKabil said.

Chinese fiberglass firm starts new production line in Egypt

Tue, 09 Jan 2018 - 11:02 GMT

The SCZone signed in September a $60 million contract with China Jushi.

Sisi calls for addressing issues of factories, industrial sector

Mon, 08 Jan 2018 - 12:27 GMT

Around 960 factories were reported by the Ministry of Industry to have gone bankrupt in 2014.

Egypt targets 8% industrial growth this year

Mon, 08 Jan 2018 - 09:54 GMT

Egypt aspires to become among the 30 strongest economies worldwide by 2030.

IDA discovers LE 1B in violations in industrial sector

Thu, 04 Jan 2018 - 10:20 GMT

The IDA launched last week a monitoring campaign on 10,000 factories.

Opening Up Trade Channels

Wed, 03 Jan 2018 - 06:00 GMT

The Egypt-Mercosur trade agreement will help Egypt increase investment and foreign trade flows through cooperation with South American countries.

Exports expected to close at $22.4B, imports at $56B in 2017

Mon, 01 Jan 2018 - 02:28 GMT

Egypt’s balance of payments registered a surplus of $13.7 billion in fiscal year 2016/17.

Egyptian exports covered 36.7% of imports in September

Mon, 01 Jan 2018 - 10:38 GMT

The deficit in the trade balance slumped $12.23 billion in the first eight months of 2017.

Egypt postpones reduction in car tariffs

Thu, 28 Dec 2017 - 11:26 GMT

An 8 percent reduction in car tariffs was scheduled for 2018 to be fully eliminated by 2019.

Egypt–Brazil Business Council to hold 1st meeting in Q1 2018

Wed, 20 Dec 2017 - 09:51 GMT

Bilateral trade volume between Egypt and Brazil reached $867 million in the first nine months of 2017.

Egypt attends Mercosur meeting in hope to join bloc

Tue, 19 Dec 2017 - 09:51 GMT

The first joint committee meeting of Egypt–Mercosur Free Trade Agreement held last week.