By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    Egypt Post invests in Roaderz platform to enhance e-commerce, delivery services
    Egypt Post invests in Roaderz platform to enhance e-commerce, delivery services
    September 27, 2023
    GAFI to grant 45 more golden licences to boost investment
    GAFI to grant 45 more golden licences to boost investment
    September 27, 2023
    Egypt’s domestic debt reaches EGP 4.67trn in August 2023
    Egypt’s domestic debt reaches EGP 4.67trn in August 2023
    September 27, 2023
    Al-Sisi rejects claims of militarising teachers
    Al-Sisi rejects claims of militarising teachers
    September 27, 2023
    Egypt, Switzerland discuss improving economic ties, investment opportunities
    Egypt, Switzerland discuss improving economic ties, investment opportunities
    September 27, 2023
  • Politics
    PoliticsShow More
    Egypt denounces Houthi attack on Bahraini forces in Saudi Arabia
    Egypt denounces Houthi attack on Bahraini forces in Saudi Arabia
    September 27, 2023
    Presidential election in Egypt set for 10-12 December
    Presidential election in Egypt set for 10-12 December
    September 25, 2023
    Defence Minister meets NATO Military Committee chief
    Defence Minister meets NATO Military Committee chief
    September 25, 2023
    Egypt, Jordan, and Iraq discuss economic, political cooperation in New York
    Egypt, Jordan, and Iraq discuss economic, political cooperation in New York
    September 24, 2023
    Al-Sisi highlights opportunities for mutual benefit with China
    Al-Sisi highlights opportunities for mutual benefit with China
    September 24, 2023
  • Interviews
    InterviewsShow More
    Microsoft Egypt aims to provide advanced AI models, build solid AI ecosystem: Mirna Arif
    Microsoft Egypt aims to provide advanced AI models, build solid AI ecosystem: Mirna Arif
    September 18, 2023
    I love privacy, and I am not concerned about competition: Yasmine Sabry
    I love privacy, and I am not concerned about competition: Yasmine Sabry
    September 14, 2023
    Sustainability, digital transformation at the heart of our strategy: Heidelberg Materials Egypt
    Sustainability, digital transformation at the heart of our strategy: Heidelberg Materials Egypt
    September 12, 2023
    India welcomes Egypt's BRICS membership: Boosting trade, investment, and access to strategic commodities
    India welcomes Egypt’s BRICS membership: Boosting trade, investment, and access to strategic commodities
    September 11, 2023
    The box office is not a measure of success: Basma Hassan
    The box office is not a measure of success: Basma
    September 6, 2023
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: Prime Minister follows up on localisation plan of mobile industry in Egypt
Share
Notification
Latest News
Egypt Post invests in Roaderz platform to enhance e-commerce, delivery services
Egypt Post invests in Roaderz platform to enhance e-commerce, delivery services
Business
GAFI to grant 45 more golden licences to boost investment
GAFI to grant 45 more golden licences to boost investment
Business
Egypt’s domestic debt reaches EGP 4.67trn in August 2023
Egypt’s domestic debt reaches EGP 4.67trn in August 2023
Business
Egypt denounces Houthi attack on Bahraini forces in Saudi Arabia
Egypt denounces Houthi attack on Bahraini forces in Saudi Arabia
Egypt Politics
Al-Sisi rejects claims of militarising teachers
Al-Sisi rejects claims of militarising teachers
Business
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Business > Prime Minister follows up on localisation plan of mobile industry in Egypt
Business

Prime Minister follows up on localisation plan of mobile industry in Egypt

Mohamed Alaa El-Din
Last updated: 2023/02/06 at 1:00 PM
By Mohamed Alaa El-Din 3 Min Read
Share
Prime Minister follows up on localisation plan of mobile industry in Egypt
SHARE

Prime Minister Moustafa Madbouly held a meeting Sunday to follow up on the efforts to localize the mobile phone industry in Egypt.

The meeting was held in the presence of Mohamed Maait, Minister of Finance, Amr Talaat, Minister of Communications and Information Technology, Al-Shahat Al-Ghattouri, Head of the Customs Authority, and Sherine El-Gendy, Assistant Minister of Communications and Information Technology for Strategy and Implementation and Head of the General Budget Sector at the Ministry of Finance, Ahmed Al-Zaher, Acting CEO of the Information Technology Industry Development Authority, Hossam Othman, Advisor to the Minister of Communications and Information Technology for Technological Innovation, Electronics Industry and Training, and officials of the concerned authorities.

At the start of the meeting, the Prime Minister affirmed the state’s keenness on providing various facilities and incentives that would support and enhance the role of the industrial sector, and develop it, given the importance this sector represents to the Egyptian economy. He pointed out the government’s interest in making more efforts that contributes to deepening and localizing industry in various fields, especially with regard to technological industries, in implementation of the directives of President Abdel Fattah El-Sisi in this regard.

During the meeting, the Prime Minister shed light on the efforts made within the framework of the localization of the mobile phone industry in Egypt, and the aspects currently under negotiation with one of the major international companies in this field, to establish a factory for this purpose. “Through this cooperation, we aim to take the percentage of the domestic mobile phone industry to 40%,” he said.

Ambassador Nader Saad, the official spokesman for of the Cabinet, stated that during the meeting, a number of proposed facilitations and incentives were reviewed, which would contribute to increasing the volume of investments of international companies working in the field of technological industries and the mobile phone industry in Egypt, and it was agreed to make a legislative amendment to encourage these companies to localize their industry in Egypt.

You Might Also Like

Egypt Post invests in Roaderz platform to enhance e-commerce, delivery services

GAFI to grant 45 more golden licences to boost investment

Egypt’s domestic debt reaches EGP 4.67trn in August 2023

Al-Sisi rejects claims of militarising teachers

Egypt, Switzerland discuss improving economic ties, investment opportunities

TAGGED: Mobile
Share this Article
Facebook Twitter Email Print
Previous Article NTRA registers 3 billion VoLTE calls in 4Q 2022 NTRA registers 3 billion VoLTE calls in 4Q 2022
Next Article Head of SCZone receives Japanese ambassador to discuss boosting cooperation Head of SCZone receives Japanese ambassador to discuss boosting cooperation
Ad image
Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

Egypt Post invests in Roaderz platform to enhance e-commerce, delivery services
Egypt Post invests in Roaderz platform to enhance e-commerce, delivery services
Business
GAFI to grant 45 more golden licences to boost investment
GAFI to grant 45 more golden licences to boost investment
Business
Egypt’s domestic debt reaches EGP 4.67trn in August 2023
Egypt’s domestic debt reaches EGP 4.67trn in August 2023
Business
Egypt denounces Houthi attack on Bahraini forces in Saudi Arabia
Egypt denounces Houthi attack on Bahraini forces in Saudi Arabia
Egypt Politics
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?