Industrial Sector

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's central bank praises state's role in promoting industrial sector in Egypt

Tue, 25 Oct 2022 - 02:12 GMT

The trade sector is much easier to deal with compared to the industrial sector, which needs to great efforts to promote and develop it, according to Hassan Abdalla.

Total investments of industrial sector to hit EGP 125.7B under 2021/2022 plan

Thu, 19 Aug 2021 - 02:52 GMT

These investments include LE 16.6 billion in oil refining industries and LE 109.1 billion in non-petroleum transformative industries.

Industrial sector is largest contributor to growth of the Egyptian economy: Min.

Thu, 08 Jul 2021 - 03:39 GMT

“Egypt was one of the few countries that recorded during the crisis an economic growth of about 3.57 percent during 2019/2020,” Minister of Trade and Industry, Nevine Gamea, said.

Grace period for investors to pay back extended: CBE deputy governor

Mon, 10 Feb 2020 - 01:52 GMT

Deputy Governor of the Central Bank of Egypt Gamal Nagm declared that the board issued a decree on Sunday extending the grace period of stumbling factories.

Industrial sector weighs up to 20% of growth rate: Min.

Sun, 10 Mar 2019 - 11:42 GMT

The minister pointed out that the target is always to make a positive contribution to the net exports in economic growth.

Egypt's 1st industrial map covers 4,9000 investment opportunities - PM

Sun, 23 Dec 2018 - 08:42 GMT

Prime Minister Mostafa Madbouli said Saturday the government's work program includes a key goal of improving the competitiveness of the country's industrial sector.

Industrial sector’s debt to Petroleum Min. reaches LE 11B in December

Wed, 28 Feb 2018 - 12:05 GMT

The industrial sector’s debt to the Petroleum Ministry reached LE 11 billion by December 2017, an official source at the petroleum Ministry said.

IDA launches 541K m² of land for industrial projects

Tue, 26 Dec 2017 - 01:13 GMT

The IDA was scheduled to launch six million square meters of land plots to investors by the end of 2017.

Industrial investment map launched: Gov’t to involve SMEs in GDP

Tue, 31 Oct 2017 - 10:26 GMT

The government wants to increase the involvement of small and medium enterprises (SMEs) in the GDP.

Developing industry top priority for government - Kabil

Thu, 28 Sep 2017 - 01:40 GMT

Kabil said Wednesday that developing the industrial sector was a top priority for the government, as an effective instrument for comprehensive growth.

Industrial recovery drives China's second-quarter GDP as consumption slows

Tue, 18 Jul 2017 - 01:46 GMT

A pick-up in the industrial sector helped China post better-than-expected second quarter economic growth.

Industrial sector growth climbs 4.7%: Minister

Wed, 21 Jun 2017 - 11:23 GMT

The industrial growth rate hiked 4.7 percent in the first nine months of fiscal year 2016/2017.

Industrials production value up 11.3% yoy in Q3: CAPMAS

Tue, 06 Jun 2017 - 12:56 GMT

The industrial sector’s production value rose 11.3 percent in the third quarter of 2017, up from LE 84.8 billion ($4.6 billion) in Q3 2015.

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