“We await decision to impose protection fees on imports of billet for 3 years to protect domestic industry, reset prices,” says government source
Not long ago, the local market lacked the existence of a proper fashion industry. For years, locals opted to cross borders in a quest to obtain their dream dresses. In a matter of five years, the local scene did not only come to reality, but it has also taken leaps. With new designers emerging every …
Tightening control on the customs ports in cooperation with Ministries of Defence and Interior to prevent smuggling
In a country that is more dependent on imports, it is generally common to find a deficit in trade balance
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 …
