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1673, industrial establishments have obtained licenses for operating, building in August: IDA

The 1673 industrial establishments have obtained licenses for operating, and building in addition to temporary operating permits from the Industrial Development Authority (IDA), up from 263 licenses and temporary permits issued during the same period last year, according to the latest report received by the Minister of Trade and Industry Amr Nassar from the Industrial …

Daily News Egypt

Parliament’s Industrial Committee completes auto strategy in November

During the third session of the parliament, the Industrial Committee aimed to draft some laws, especially in the auto strategy, in addition to a draft law that regulates the work of the Industrial Development Authority (IDA). According to the chairperson of the Industrial Committee Ahmed Samir, the auto strategy is expected to be completed in …

Daily News Egypt

Chinese steel sparks anxiety among domestic producers

A wave of alert follows the announcement that a Chinese steel freight will be sold for around EGP 700-800 less than Egyptian steel. The news caused local steel producers to panic, forcing Ezz steel to lower its prices by EGP 250 per tonne, reaching EGP 4,080 for factories and EGP 4,230 for the final consumer, …

Hend El-Behary

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