Exports, taxation at center of suggestions in National Dialogue's session on manufacturing sector

Wed, 06 Sep 2023 - 03:13 GMT

Participants in the National Dialogue's manufacturing session stipulated Tuesday the necessity of boosting the volume of exports, making commercial attaches more effective, and setting a national strategy to develop the sector.

Egypt plans to raise industrial production by 19% in FY2023/2024

Tue, 05 Sep 2023 - 02:42 GMT

The industrial sector in Egypt is divided into non-petroleum industries (80 percent), and petroleum industries (20 percent).

Egypt offers 600 industrial land plots for investors, reservations can be made online

Thu, 24 Aug 2023 - 03:00 GMT

The General Authority for Investment and Free Zones in collaboration with the Administrative Authority with Jurisdiction is offering 600 industrial land plots for investors.

Egypt targets to raise size of industrial production to LE4.3T in FY2023/24

Mon, 17 Jul 2023 - 03:30 GMT

The report noted that the sector's shares in the GDP and non-oil exports are 16 percent, and 85 percent, respectively.

French manufacturer Alstom announces EUR 300M to be invested in Egypt over the next 3 years

Sun, 16 Jul 2023 - 12:30 GMT

The two factories are said to produce electric and signaling systems and manufacturing parts for metro, highway rails, monorails, and railways. Their strategic location was chosen to facilitate trade in Alexandria

Egypt, intl. partners support private sector with $7B in 2020/22

Thu, 13 Jul 2023 - 04:10 GMT

The funding was particularly directed to firms operating in the sectors of healthcare, manufacturing, and financial markets.

Egypt's RFI-260 concrete flange factory starts pilot operation to cater to high-speed electric train

Wed, 12 Jul 2023 - 02:40 GMT

The Egyptian Company for Self-Maintenance for Roads and Airports made the announcement Wednesday in a meeting with Minister of Transport Kamel al-Wazir.

Egypt’s manufacturing and extractive industries index declines to 99.33, CAPMAS

Sun, 25 Jun 2023 - 02:14 GMT

The statistics agency also reported a jump of 8.11 percent in the production of transport equipment to 128.60 in April 2023 from 118.95 in March during the same year

Egypt to inaugurate 7 textile factories worth LE31B in 2024

Mon, 05 Jun 2023 - 03:34 GMT

The total cost of the factories is LE31 billion, including a €600-million loan that is being used in the purchase of machinery.

Egyptian president inaugurates €80M Quartz Industrial Complex at Ain Sokhna

Thu, 25 May 2023 - 12:07 GMT

It is the first of its kind in the world, as it carries out all the processing phases of the mineral. It is also the only quartz plant in Africa and the Middle East.

Egyptian political parties propose reforms to boost investment attractiveness

Tue, 23 May 2023 - 03:18 GMT

The moderator of one of the sessions said that the share of the manufacturing sector in the GDP dropped to 16 percent, which is quite low.

Samsung Electronics Egypt discusses expansion plans with GAFI chairman

Sun, 07 May 2023 - 02:20 GMT

The size of Samsung's current investments in Egypt amounts to $500 million, with sales worth $1.3 billion.

China's TEDA, Chen Cheng to build $2B-worth steel, cast iron pipe factory

Thu, 23 Mar 2023 - 11:15 GMT

Prime Minister Mostafa Madbouli held a meeting Wednesday with the representatives of China's TEDA and Chen Cheng to discuss their plan of establishing a $2-billion factory.

Egypt, Georgia sign MoU on green business, logistics

Mon, 20 Mar 2023 - 01:50 GMT

The signing took place on the sidelines of the Egyptian-Georgian Business Forum's meeting.

President Sisi follows up on modernization of Egyptian cotton supply chains

Tue, 07 Mar 2023 - 06:06 GMT

The president was also briefed on the possibility of investing lands owned by the Ministry of Public Enterprise.

Italy welcomes legal migrants from Egypt, aims for bigger energy cooperation: FM Antonio Tajani

Sun, 22 Jan 2023 - 12:28 GMT

The minister elaborated that Italy wants to establish an energy hub in Europe in cooperation with other Mediterranean states.

Egyptian Senator submits proposal to build phosphate processing factory in New Valley

Wed, 11 Jan 2023 - 01:38 GMT

The Senate's Agriculture and Irrigation Committee discussed Tuesday evening the proposal of Senator Moomen Moaz.

'Overpopulation will eat away at the country': Egypt's President Sisi

Thu, 01 Dec 2022 - 12:24 GMT

The president's statement came during the inauguration of New Mansoura City.

Egypt's planning ministry announces 4 programs to boost transformative industries

Fri, 04 Nov 2022 - 05:53 GMT

Transformative industries constitute 85 percent of Egypt's non-petroleum exports.

Egypt to launch digital platform for industrial investors

Wed, 02 Nov 2022 - 04:16 GMT

Prime Minister Mostafa Madbouly attended Wednesday the signing of the protocol between the Ministry of Industry and Trade, and eFinance.