Hossam Mounir

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Military Production Ministry

Military Production Ministry signs 5 protocols with local organisations to encourage local manufacturing

The Ministry of Military Production signed on Wednesday five cooperation protocols with the Ministry of Higher Education and Scientific Research, as well as a number of scientific institutions, and technical training centres in the engineering faculties of Cairo and Ain Shams universities, with the aim of encouraging local manufacturing. Minister of Military Production Mohamed Al-Assar …

Hossam Mounir

wheat (5)

Egypt’s self-sufficiency of wheat at 49.1% in 2015: CAPMAS

According to a recent report issued by the Central Agency for Public Mobilization and Statistics (CAPMAS), on production movement, foreign trade, and availability of agriculture commodities for consumption in 2015, the average consumption per capita of wheat reached 141.1 kg in 2015 versus 133.6 kg in 2014, an increase of 5.6% with a self-sufficiency rate …

Hossam Mounir

Daker Abdellah, member of the board of directors of the Egyptian Federation for Construction and Building Contractors (EFCBC)

EFCBC urges banks to review position of companies wishing to obtain letters of guarantee 

Daker Abdellah, member of the board of directors of the Egyptian Federation for Construction and Building Contractors (EFCBC), called upon banks to review and reconsider the position of construction companies that have been seeking letters of guarantee, highlighting the necessity of considering the companies’ memberships in the EFCBC. Abdellah explained that the past period witnessed …

Hossam Mounir

refrigerator

Military Production Ministry to introduce new Helwan 360 refrigerator

The Helwan Company for Metallic Appliances of the Ministry of Military Production is set to introduce its latest Helwan 360 refrigerator by the end of the week. This comes out of the ministry’s keenness to encourage local manufacturing and contribute to limiting imports in order to save hard cash. The refrigerators and deep freezers production …

Hossam Mounir

factory orders

Manufacturing index increases by 12.4% in November 2016: CAPMAS

The manufacturing index (without crude oil and petroleum products) increased to 140.46 during November 2016, compared to 124.99 in October, registering an increase of 12.4%. A recent report issued by the Central Agency for Public Mobilization and Statistics (CAPMAS) on the metadata of the production index for manufacturing and extractive industries for November attributed the …

Hossam Mounir

imports, exports

13.9% decline in Egyptian exports, 8.7% increase in imports during 2015: CAPMAS

Egyptian exports declined by 13.9% compared to imports that increased by approximately 8.7% in 2015, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). The CAPMAS issued on Wednesday the annual bulletin of foreign trade 2015, which stated that Egypt’s total exports amounted to EGP 168.08bn in 2015, compared to EGP 195.28bn in …

Hossam Mounir

The Housing and Development Bank (HDB)  FATHI EL SABAAI.

HDB conducting public lottery for social housing land in January 2017

The Housing & Development Bank is currently conducting a lottery for social housing land in 10th of Ramadan City from 9-26 January 2017. The bank had previously conducted a public lottery in cooperation with the New Urban Communities Authority (NUCA) from 17-29 November on lands located in 15th of May City, Obour City, New Cairo, …

Hossam Mounir