industry
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel el Wazir Tuesday discussed with French Ambassador to Egypt Éric Chevallier the timeline of the implementation of Alstom industrial complex in Borg EL Arab city, Alexandria governorate.
The Industry Ministry, in a statement issued on Monday, said that the first version of the application is available for "Android" system, with an "IOS" version is set to be launched soon.
This offering introduces significant improvements to better serve investors, including the launch of the second phase of the platform.
The meeting also included the updates of transport projects with African states, and that consist of roads, maritime and inland shipping lines, and railways.
Egyptian President Abdel Fattah El-Sisi emphasized the critical need for intensified efforts in industry and agriculture, identifying these sectors as essential for economic diversification
Minister Al Wazir underscored the need to produce high-quality, competitively priced goods tailored to local market needs and export opportunities
In his remarks, Minister Badawi reaffirmed the government’s commitment to enhancing the mining industry’s contribution to Egypt’s GDP, with a target increase from the current 1% to between 5% and 6%
Prime Minister Madbouly highlighted Egypt’s vast investment opportunities in the industrial sector, inviting Saudi companies to capitalize on Egypt’s strategic network of free trade agreements. These agreements, he explained, open access to international markets and provide competitive advantages for investors
The ministry has received a request from the Federation of Egyptian Industries (FEI) to provide funding of up to LE 7.8 billion. The proposed funding will be allocated to pharmaceutical, engineering, construction materials, textile, food, and chemical industries.
During an economic summit in Düsseldorf, officials from both countries announced an ambitious goal to boost trade to €9 billion by the end of 2024, a €2 billion increase from the current level of €7 billion.
Egypt’s President Abdel Fattah al Sisi said on Tuesday that the government made a great effort over the past ten years to provide a suitable environment for the development of industry and for it to become part of the country’s local product.
President El-Sisi welcomed the attendees and emphasized Egypt's commitment to enhancing the industrial sector.
The ministries of Industry and the Higher Education held meetings to discuss maximizing the role of scientific research in advancing the industrial and transportation sectors.
Egyptian Minister of the Public Business Sector Eng. Mohamed Shimi revealed plans to develop the spinning and weaving industry.
Among the sectors that are targeted as part of this plan is the industry, and thus, the government has revealed the Egyptian Industry Strategy 2023.
Egypt continues its cooperation with all developed countries to localize information technology industry, said Amr Talaat, Minister of Communications and Information Technology.
Prime Minister Mostafa Madbouly highlighted that the government has a strong interest in the mobile phone industry, both for meeting local demand and for export purposes in a recent cabinet meeting.
The National Initiative for Industrial Development "Ebda" which translates to [Start], received more than 1000 diverse requests during the first year of the initiative's launch, including inquiries about the National Initiative "Ebda" and what it offers, and requests for support from owners of struggling factories.
Similar to its human development counterpart, the Ministerial Group for Industrial Development will convene weekly, with a technical secretariat ensuring operational efficiency and regular reporting to the Prime Minister
CAPMAS also revealed that the food product industry’s index reached 123.72, declining 19.04 percent from March’s 152.81, which the statistics agency attributed to a shortage in raw materials required
