Production
The President gave directives for the government to begin implementing the projects that had been agreed upon, and provide the necessary infrastructure for them, stressing that shifting to sustainable energy is one of the basic elements of Egypt’s Vision 2030, and reflects Egypt’s interest in comprehensive development, in addition to its economic returns, which represent a real addition to national development.
Participants in the National Dialogue's session on inflation and price hikes demanded Tuesday the detection of price manipulation and monopolistic practices.
Egypt’s production index of manufacturing and extractive industries for June (excluding crude oil and petroleum products) reached 103.21 in June 2023, dropping by 1.43 percent compared to 104.71 in May 2023
The company's gold production from Sukari Gold Mine during the first half of 2023 reached 220.6 thousand ounces, compared to 203.9 thousand ounces during the same period of 2022.
The global production of jasmine is approximately 14 tons, with Egypt producing about 7 tons.
The production of the Sukari mine during 2022 amounted to 440,974 thousand ounces, with an annual increase of 6 percent.
Salam referred to the success achieved by Lebanese businessmen in Egypt in various economic activities, adding that the Lebanese businessman usually achieves success abroad.
He added that the plan also includes approving the development of oil factories, which are being offered, noting that Egypt's reserves of oils are sufficient for 4.9 months.
CEO of Global Auto, Mohamed Kandil, revealed the start of assembling BMW X models in Egypt, which belongs to the SUVs category, starting with the X5 40 model.
Samir was speaking during a conference organized by Obeikan Digital Solutions to announce future plans of the company in the Egyptian market.
gypt Today reviews in this article the stages of the production process in the newly-inaugurated factory, “Kima 2”, using modern technology in manufacturing, at an investment cost of about 12 billion pounds.
The Mediterranean region is still full of many resources, he said, adding the coming period requires cooperation of all peoples to achieve hopes, stability and development for countries.
Molla added efforts are now focused on capitalizing on promising opportunities and potentials in the country to up production rates and upgrade the main structure.
According to Ahmed Abdel Hamid, the Head of the Building Materials Division of the Federation of Industries, "there is an exceptional circumstance in the industry and economy in the world, but Egypt is able to exceed this period."
Current production from Zohr gas field hiked to 2.7 billion cubic meters per day, added the ministry Mondayز
The first and second lines of the factory have been started with a production capacity of 18,000 tons of sugar per day, in preparation for reaching the maximum production capacities of about one million tons per year during the next year 2023.
This is needed to increase production and reserves of oil and gas resources, Molla said during a meeting Tuesday with Mathios Rigas, CEO of Energean PLC.
El-said clarified that this will create job opportunities in the sector, and increase the income of small farmers, whilst increasing exports.
The limit of production of 7 billion local cigarettes in one month had been exceeded by 10 percent than the previous highest production figure.
The increase of global wheat production would lead to a decline in wheat prices globally and, thus, Egypt, the largest wheat importer in the world, will benefit from the declined prices, Abu Saddam clarified.
