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Officials stated that the two sectors were very different and that one could not compare the two.
The government is working to address problems faced in a number of idle and shut down factories, according to Kamal Abu Eita, Minister of Manpower and Immigration.
European companies agree to the Ministry of Commerce and Industry’s new plan to move factories to Egypt
Members of Federation of Egyptian Industries say they were not informed of the decision
The government will raise natural gas, fuel oil, and diesel prices
Investors Associations blame government
The Exports Council for Construction Materials (ECCM) will hold an urgent meeting this Sunday to request Prime Minister Hesham Qandil fix energy prices for factories. The ECCM plans to ask for a detailed five year plan to fix energy prices for industries. Waleed Gamal Eldeen, Presidentof the ECCM, said the energy prices instability is causing …
By Mohamed Ayyad The government intensified efforts to address the crisis that halted the operation of 650 factories which resulted from outstanding debts owed to banks with a value of EGP 817 million. Mohamed Eissa, Minister of Industry and Trade, stated that the cabinet agreed to help the stopped factories that have experienced technical, administrative, …