Egypt's gov't allocates LE 100.7 bln as direct investments into manufacturing sector

Tue, 30 May 2023 - 08:04 GMT

The allocated investment show an increase of about 20 percent compared to the expected investments of the sector in the previous year, which recorded 84.2 billion pounds.

National project launched to support digital transformation of Egypt's industrial sector

Thu, 18 May 2023 - 07:29 GMT

The Edba [which translates to: Start] Initiative has launched a national project to support the digital transformation of the Egyptian industrial sector.

Arab Organization for Industrialization honors working mothers in its ranks

Tue, 21 Mar 2023 - 10:09 GMT

There are many examples of women who have proved their competency in all fields of production, leadership, and executive positions since the founding of the Arab Organization for Industrialization (AOI), said its head Mokhtar Abdel Latif on Tuesday.

Egypt’s Sisi orders support furniture industry in Damietta to compete regionally, internationally

Sat, 11 Mar 2023 - 05:41 GMT

“This shall create more job opportunities in this sector for the people in Damietta and increase Egyptian exports and the national income,” Fahmy said.

CBE unveils rules of new loan initiative to support industry, agriculture with 11% interest rate

Wed, 08 Mar 2023 - 05:27 GMT

The total value of the Finance Ministry's initiative, approved by the cabinet in January, is LE 150 billion, the largest share of which (LE 140 billion) will be used to finance capital money, and the other LE 10 billion is dedicated to financing the purchase of capital goods.

Industry minister says Kenya 1st partner to Egypt in Africa's east

Mon, 12 Dec 2022 - 02:31 GMT

He added that trade, economic and investment relations are witnessing a boom in light of bilateral trade regional and continental agreements.

'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.

Start: Egypt initiative supporting local industry

Thu, 24 Nov 2022 - 11:05 GMT

The government has exerted great efforts to support the Egyptian industry through different steps as part of the "Start" initiative.

Trade min., Chinese amb. confer on boosting economic cooperation

Sun, 20 Nov 2022 - 01:32 GMT

The Ministry of Trade and Industry welcomes more Chinese investments in the Egyptian market, the minister affirmed, pointing to a bunch of incentives and advantages offered in the Arab country.

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.

Egypt partners up with foreign company to build tires factory

Tue, 01 Nov 2022 - 01:02 GMT

The factory would produce tires for cars, trucks, buses, agricultural tractors, monorails, and heavy equipment.

64 industrial projects launched within Egypt's 'Start' initiative

Sun, 30 Oct 2022 - 02:05 GMT

Member of "Start" initiative Aya Hossam El Din stated in a TV interview Saturday that the number of industrial projects launched within the initiative is 64.

Egypt's Economic Conference discusses roadmap for industrial sector development

Tue, 25 Oct 2022 - 02:02 GMT

The session addresses a number of axes, namely the challenges facing the industrial sector in Egypt, and the financing gap as one of the challenges facing the industrial sector.

Egypt’s Sisi directs government to launch promotional programs for database governance, automation

Mon, 17 Oct 2022 - 04:04 GMT

The President’s direction aim at providing correct and accurate information regarding the industrial investments to, consequently, enhance chances of success based on making sound decisions, Rady said.

et guide: 10 things to know about newly-inaugurated investment zone in Benha

Wed, 28 Sep 2022 - 06:35 GMT

Egyptian President Abdel Fattah al-Sisi inaugurated the investment zone in Benha City, Qalyubia Governorate, via video conference technology, during the inauguration of a number of development projects at the level of the Republic on Tuesday.

How Al-Baghdadi Complex helped Luxor indulge into industry world

Wed, 24 Aug 2022 - 11:11 GMT

Luxor inaugurated last year Al-Baghdadi Industrial Complex that opened the eyes of the city to the world of industry, after it had solely relied on tourism sector.

National industry major pillar of stability, development -- Minister

Sun, 03 Jul 2022 - 04:31 GMT

This constitutes a major pillar of stability and development, Tawfiq said in an inaugural speech on behalf of Prime Minister Moustafa Madbouli.

AfDB approves establishment of African Pharmaceutical Technology Foundation to boost sector's industry

Mon, 27 Jun 2022 - 04:13 GMT

The AfDB clarified that the new foundation will significantly enhance Africa’s access to the technologies that underpin the manufacture of medicines, vaccines, and other pharmaceutical products.

Egypt’s industrial sector achieves highest rate of exports in years, reaching $32 bln: Minister

Mon, 30 May 2022 - 11:24 GMT

Egypt, Jordan and UAE have signed the Integrated Partnership Initiative for economic development through the good use of the capabilities of the three countries.