Local Industry

Egypt's Senate committee calls for deepening local industrialization

Fri, 30 Sep 2022 - 07:52 GMT

The Senate’s Arab, Foreign and African Affairs Committee, headed by Dr. Effat El-Sadat, recommended the need to deepen local industrialization in Egypt, to raise the proportion of local components of the industrial product, and to settle many promising industries in industrial zones, free and qualified industrial zones (QIZ).

Egypt's president urges boosting local industry, localizing technology to meet market needs

Sat, 20 Mar 2021 - 03:09 GMT

The directives aim at bridging the gap between exports and imports and achieving self-sufficiency of local products and therefore decreasing exportation using foreign currency.

Madbouli stresses need to promote local industry: Spox

Sun, 12 May 2019 - 01:27 GMT

Madbouli said the sustainability of development rates reached by Egypt requires promoting the local industry to guarantee keeping the economy on right track.

Tariffs on steel imports will not lead to price hikes: MIC

Wed, 06 Dec 2017 - 01:30 GMT

The decision by Egypt’s Trade Ministry to maintain tariffs on steel rebar from China, Turkey.

Trade balance deficit loses $10B in one year: Trade Minister

Fri, 25 Aug 2017 - 11:00 GMT

"Imports used to kill industry for their bad quality and for the lack of surveillance," Minister of Trade Tarek Kabil noted.

Egypt imports $800M worth of medical supplies: Minister

Tue, 22 Aug 2017 - 04:10 GMT

Egypt has 230 companies operating in that sector with LE 4 billion in investments, employing 22,000 engineers and workers.