ministry of trade and industry

Egypt is Germany’s third-largest trade partner in the Middle East with trade exchange worth $3.6 bn
Business

Egypt is Germany’s third-largest trade partner in the Middle East with trade exchange worth $3.6 bn

Trade between Egypt and Germany increased by $43 million during the first nine months of 2019 to US$3.622 billion, compared…
Tuk-tuks banned on main streets, vans licensed as taxis
Egypt

Tuk-tuks banned on main streets, vans licensed as taxis

Two weeks ago, the government decided to license vans in Egypt’s cities as a public means of transportation, and to…
Egyptian ministers meet with Korean bank representatives in Seoul
Business

Egyptian ministers meet with Korean bank representatives in Seoul

Finance Minister Mohamed Maait, Investment and International Cooperation Minister Sahar Nasr, Chairman of the Suez Canal Authority Mohab Mamish and…
Sisi witnesses signing of MoU with Siemens
Business

Sisi witnesses signing of MoU with Siemens

  President Abdel Fattah al-Sisi witnessed the signing of a Memorandum of Understanding (MoU) between the Egyptian government, represented by…
Egypt keen to strengthen ties with ILO: minister
Egypt

Egypt keen to strengthen ties with ILO: minister

Trade and Industry Minister Tarek Qabil affirmed Egypt’s keenness to strengthen partnership relations with all international organizations, especially the International…
248 licenses worth LE1.5 bn issued for industrial projects in December: IDA
Business

248 licenses worth LE1.5 bn issued for industrial projects in December: IDA

Licenses were issued for 248 industrial projects at a cost of LE1.5 billion in December 2015, the Industrial Development Authority…
Egypt’s exports drop 20% in August
Business

Egypt’s exports drop 20% in August

Egyptian exports, other than petrochemical products, dropped by 19.87 percent to reach LE11,005 billion (US$1,433 billion) in August 2015, compared to LE12,687…
Allocations for exports could increase from current LE2.6 bn
Business

Allocations for exports could increase from current LE2.6 bn

The government is discussing the possibility of increasing allocations for its Exports Development from a current LE2.6 billion, Foreign Trade…
Minister: Egypt to implement projects worth LE3.1 bn in May
Business

Minister: Egypt to implement projects worth LE3.1 bn in May

Two hundred twenty-one industrial projects worth LE3.1 billion were cleared in May to begin implementation, Trade and Industry Minister Mounir Fakhry Abdel…
Minister highlights Russian interest in energy investments
Business

Minister highlights Russian interest in energy investments

Major Russian companies are eager to invest in various Egyptian economic sectors, most notably the energy and natural gas sectors,…
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