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The studies are too technical for the public to understand, says EEAA manager
Head of the industrial committee in the Nation’s Future Party Mohamed Garhi said that factories in Egypt are about to close due to the aggravating US dollar crisis.
The centre calls for factories to be transferred away from the residential block following a recent visit
According to the Ministry of Military Production’s plan, the factory will manufacture all the components used for solar panels, including the manufacture of solar cells extracted from sand.
Importers demand factories’ non-conforming products be written off rather than factories themselves
Law accelerates issuance of licenses and start of operations, raises Egypt’s rank in World Bank’s Doing Business Index, says El-Sewedy
Ministry of Industry issues 14 licenses
Ministry issued report finds work stoppage in 871 factories, NBE provides 11 factories with EGP 27.5m in loans to recommence production
Average cement production per week in December was recorded at 1m tonnes
EGP 400m fund to support inoperative factories
Tetra meeting on Thursday to decide on the increase; Ayadi decided to participate in the fund’s capital, says Chairman
Cement production volume exceeds that of last month by 143,147 tonnes
A new vision on industrial zones to be implemented in Qaliubiya
Food production hiked by 46.9%
Steel producer will consider alternative sources of energy to make up decline in steel production due to natural gas shortage
Industrial growth registered 17% this year, says minister
Initiative allows banks to allocate an amount for new loans granted to clients who do not pay debts on regular basis with 5% of fund’s value
Military to develop own vehicle production companies, statement says
Authority is preparing mechanisms to licence factories, to be submitted to cabinet within days, says IDA head
By Mohamed Ayyad and Mohamed Mostafa Oriental Weavers sales are expected to reach EGP 5.8bn this year, compared to EGP 5.5bn in 2013, according to the company’s founder Mohamed Farid Khamis. He added that last year exports reached EGP 3.9bn, representing 65% of sales. Khamis also revealed that two new factories to be located in …
Farmers are also struggling to maintain profit margins, all of which increases production costs in the range of 12-13%.
A total of 4,500 factories to resume operations in Egypt, says economic expert
Minister of Industry and Foreign Trade Mounir Fakhry Abdel Nour told the Daily News Egypt in an interview for the Euromoney supplement that the law offering preferential treatment to local products will be referred to the presidency in September for approval. The minister, who also discussed the industrial lands and factory issues, stressed that …
Power plants currently receive 80% of Egypt’s natural gas production, equivalent to approximately 3.043bn cubic feet per day, currently the maximum supply rate, according to a report issued by the Ministry of Petroleum. Approximately 519.8m cubic feet of the remaining 20% of Egypt’s gas production is directed toward the industrial sector. The other 1.79bn cubic …
Concession agreements will be adopted and operation licences issued immediately to allow project managers to carry on working
Debts owed to Egyptian gas holding company EGAS for quantities of gas obtained by the industrial sector reached EGP 16bn by the end of July, according to a senior company official. Factories were notified in February that gas supplies will be cut in the event of non-payment of debts, but no significant measures have been …
An official source at a cement company who preferred to remain anonymous said that he was “surprised” at the government’s desire to raise gas prices for factories at a time when a gas shortage impacts their productive capacity.
The group is investing EGP 460m to expand poultry and fodder activities, says group CEO Tony Freiji, and is planning to increase capacity of its port in Alexandria, establishing first port on Nile in “Kafr Daoud”
Around 960 factories all over Egypt are insolvent and seeking funds to resolve their problems, according to a statement from the Ministry of Industry
Titan Cement Company suggests coal as alternative energy source