Ahmed Samir

Egypt plans for $100B in annual exports with new industrial strategy

Sun, 18 Feb 2024 - 04:13 GMT

The government plans to achieve this goal by focusing on the development of the industry sector, enhancing the value of Egyptian products

Egypt, Bulgaria trade exchange records $529M within 2023

Sun, 11 Feb 2024 - 04:45 GMT

From 1970 until the end of April 2023, Bulgaria ranked 22nd among the most prominent European Union countries investing in Egypt

Trade minister highlights vital role of industrial sector, Egypt among top 10 of global cement producers

Mon, 15 Jan 2024 - 05:23 GMT

Samir also emphasized the pivotal role of Egypt's cement sector as a pillar for the nation's infrastructure and urban development projects, as well as the industrial sector’s role as a key player in Egypt's recovery, addressing global and regional economic challenges

Egypt’s plastic exports surge to $1.5B in 2023

Tue, 09 Jan 2024 - 12:30 GMT

This announcement was made during the opening ceremony of the PLASTEX 2024 and the Egypt Plast 2024 exhibitions

Egyptian exports to African nations increase by 13% during 2023: trade minister

Mon, 18 Dec 2023 - 12:41 GMT

In 2022, the trade volume between Egypt and COMESA countries reached its highest level, totaling $4.3 billion, as highlighted by the trade minister

Saudi Arabia invested $6.3B in 7.4K projects in Egypt

Mon, 20 Nov 2023 - 01:37 GMT

These investments span over various sectors including industry, construction, tourism, services, agriculture, finance, communications, and information technology

Qatari Al Mana Group plans $60 million initial investment in Egypt

Wed, 15 Nov 2023 - 08:30 GMT

During the forum, Qatar's Minister of Commerce and Industry, Mohammed bin Hamad bin Qassim, disclosed that Qatar had already invested over $5.5 billion in Egypt's financial, real estate, and energy sectors

Egypt shows commitment to intra-African trade development amid tariff reductions

Thu, 09 Nov 2023 - 11:02 GMT

This came during his opening speech at the activities of the Annual African Trade Summit, IATF2023, which Egypt is hosting in its third session.

Trade minister, German-Arab Chamber of Industry examine future coop opportunities

Tue, 07 Nov 2023 - 04:18 GMT

They also discussed ways to promote investment opportunities in Egypt to German companies, particularly in food security, pharmaceutical manufacturing, and fertilizer and agricultural nutrition

Minister of Trade unveils new round of Industrial Innovation Award

Tue, 24 Oct 2023 - 04:58 GMT

The award program is within the ministry’s framework to encourage innovation, further develop the industrial sector, and motivate other local companies to improve the sector’s competitiveness.

Egypt identifies 10 sectors for joint investment with Turkey, African countries

Thu, 12 Oct 2023 - 05:20 GMT

These remarks were made during the minister's participation in the fourth edition of the Turkish-African Economic and Trade Forum held in Istanbul, Turkey.

Indian investments in Egypt amount to $3.2B: Minister

Sun, 08 Oct 2023 - 12:45 GMT

Samir affirmed that Egypt and India share a strategic bilateral relationship that spans a long history of mutual cooperation aimed at supporting the economic and social development aspirations of both countries.

Greek investments in Egypt reaches $255M in 2023

Wed, 04 Oct 2023 - 11:39 GMT

Minister Samir revealed a 21% rise in the volume of trade exchange between Egypt and Greece during the year 2022.

UK investments in Egypt reached $21.5B: Trade Minister

Tue, 26 Sep 2023 - 02:53 GMT

The rates of trade exchange between Egypt and UK have witnessed significant progress recently, as the volume of trade between the two countries reached almost GBP 3.4 billion in 2022

Egypt to host the third edition of Intra-African Trade Fair

Mon, 18 Sep 2023 - 04:47 GMT

The event is expected to attract participation from 75 countries and feature 1,600 exhibitors. It is projected to facilitate trade and investment deals amounting to $43 billion.

Food industry exports’ volume hits $2.635B: Trade Minister

Mon, 11 Sep 2023 - 03:47 GMT

During the meeting, discussions took place with international companies specialized in the food industry to explore the ways of increasing investments, exports, and boosting local manufacturing.

Egypt issues second tranche of export subsidies in ongoing phase, Trade Minister

Sun, 13 Aug 2023 - 03:23 GMT

The fund had begun its disbursement of the ongoing sixth phase by releasing LE 8.7 billion in the first tranche on July 5th

Egypt, Turkey propose signing industrial cooperation MoU

Thu, 03 Aug 2023 - 12:56 GMT

Egypt and Turkey have proposed signing an MoU on issues of industrial cooperation in a meeting between their industry ministers in Ankara, the Egyptian Ministry of Trade and Industry said in a statement on Thursday.

Egypt’s exports record a jump in 2022: Trade Ministry

Wed, 17 May 2023 - 04:37 GMT

The Minister of Trade and Industry Ahmed Samir reviewed Egypt’s exports 2022 numbers in France, Germany, Greece, Saudi Arabia, and Spain during a video conference with the heads of regional trade offices.

Egypt, Austria to hold business forum in April, bilateral trade up by 23% | TradeMin

Thu, 20 Apr 2023 - 12:55 GMT

Austrian investments in Egypt are across 173 projects in a wide range of sectors such as industry, services, tourism, construction, finance, agriculture, telecommunications, and information technology