Heiba stated that the Furniture Technology Center introduced in the DFC to assist investors with modernizing the industry was ready to enter service.
“This shall create more job opportunities in this sector for the people in Damietta and increase Egyptian exports and the national income,” Fahmy said.
The Cabinet issued Monday a report on the furniture industry.
About one million workers are working in this sector, 440,000 of whom are direct workers and 500,000 are indirect ones.
The sector's exports during November decreased by about 36 percent, to record a value of $17.260 million, compared to $26.852 million during November 2020.
Minister of Housing, Utilities and Urban Communities, Assem El-Gazzar, and Executive Director of the Social Housing Fund Mai Abdel Hamid participated in the meeting.
The Council added in a report, Wednesday, that the sector’s exports decreased during the month of October by about 28 percent, to record $21.169 million, compared to $29.23 million in October 2020.
The monthly report issued by the council, Tuesday, indicated that the sector’s exports dropped in September by about 32 percent, to record $18.5 million, compared to $27.146 million during September 2020.
The monthly report issued by the Council, Monday, indicated that the sector’s exports increased during last April by about 201 percent, to record $26.346 million, compared $8.764 million during April 2020.
The monthly report issued by the Council, Wednesday, indicated that the sector’s exports increased during last April by about 98 percent, to record $17.36 million, compared to $8.76 million during April 2020.
Bamboo craft-making is one of the oldest crafts that is believed to be on the brink of disappearing in Egypt’s governorate of Port Said.
Gamea confirmed, in a statement, Thursday, that the furniture industry contributes significantly to enhancing Egyptian exports to foreign markets.
A cooperation protocol is being prepared to be signed between the AICS and the technological centers at the Egyptian Trade and Industry Ministry to help transfer the developed Italian expertise and industrial technologies to Egypt.
President Sisi’s orders aim to meet Egypt’s local need and open the horizons for exporting furniture to the African and Arab geographical surroundings.
Saudi Arabia topped the list of countries importing Egyptian furniture in the first quarter of 2020 with imports estimated at $15 million.
Also, the president expressed a number of recommendations.
The president inaugurated the project on Tuesday.
Eight Iraqi companies came to Egypt during the last period to discuss opportunities to import furniture from Egypt, according to Shoulah.
Ibrahim A. Abougendy, founder of Mobikya, speaks to Egypt Today about the business and art of up-cycling rubber tires.
With a knack for clean lines and contemporary pieces, the ladies behind Eklego have quickly carved a name for themselves as some of the best interior designers in the region