Egypt launches new incentives to support distressed industrial projects
The Ministry of Industry has announced a new package of grace periods and incentives aimed at supporting distressed industrial projects that have exceeded their approved implementation timelines, as part of the government’s efforts to accelerate production, protect manufacturers, and maximise
Egypt, US explore expanded cooperation in transport, industry
Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, held talks with U.S. Deputy Secretary of State Christopher Landau on ways to strengthen bilateral cooperation in the transport and industrial sectors. During the meeting,
Polaris Parks expands footprint in Sadat City with 1.1 million sqm land acquisition
Polaris Parks for Industrial Development, a leading developer of industrial parks in Egypt, has announced the acquisition of a new 1.1 million square metre land plot in a strategic location in Sadat City. The expansion is expected to attract direct
Opinion | The Strategic Evolution of Egypt’s Personal-Care Manufacturing
After more than two decades leading manufacturing and consumer-goods operations across international markets, my outlook on Egypt’s personal-care sector remains resolutely optimistic. We are witnessing a fundamental shift where the industry is no longer defined by cost efficiency alone. Instead,
Egypt promotes private sector partnership to accelerate textile, garment industry development
Egypt’s Minister of Public Enterprises Sector, Mohamed El-Shimy, held a meeting with representatives from the Ready-Made Garments and Home Textiles Chamber, the Textile Industries Chamber, and the Apparel Export Council to discuss ways to strengthen cooperation with companies affiliated to
Finance Minister targets higher spending on industry, exports and human development
Ahmed Kouchouk, Minister of Finance, said the Egyptian economy is showing signs of improvement, affirming the ministry’s commitment to continuing fiscal facilitations without imposing additional burdens on investors or citizens. He stressed that fiscal policy will remain balanced and comprehensive,
Public Enterprises Ministry, Future of Egypt discuss boosting industry cooperation
Minister of Public Enterprises Sector Mohamed Shimi received Head of Future of Egypt Authority for Sustainable Development Bahaa El-Ghannam, at the ministry’s headquarters in the New Capital to discuss ways to strengthen cooperation and advance strategic partnerships in support of
Industry Ministry rolls out incentive package to expand cold-rolled, coated steel production
Egypt’s Ministry of Industry has unveiled a new package of investment incentives aimed at encouraging the establishment of factories producing cold-rolled, galvanised, and pre-painted steel sheets and coils, which are regarded as key inputs for a wide range of strategic
Textile, spinning industry development project receives strong political support: El-Shimy
Mohamed El-Shimy, Minister of Public Enterprises Sector, said that the national project to develop the textile and spinning industry is receiving strong support and close attention from the political leadership, noting its pivotal role in strengthening national industry and boosting
Egypt moves to deepen local manufacturing, cut textile imports
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, held a meeting with Minister of Public Enterprises Sector Mohamed El-Shimy and a group of manufacturers from the spinning, textiles, ready-made garments, and home furnishings industries