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Egypt to host AFCAC meetings on 19 December: Nassar

Minister of Trade and Industry, Amr Nassar, announced that Cairo will host the African Civil Aviation Commission (AFCAC) meetings on 19-20 December, which will be preceded by meetings of the concerned technical committees on 17-18 December in the framework of the COMESA airspace integration project. It came during a meeting between Nassar and the Secretary General of COMESA, …

Shaimaa Al-Aees

Egypt plans to establish 22 industrial complexes by 2020: Nassar

Minister of Trade and Industry Amr Nassar revealed on Saturday, during his field visit to the Robiki Leather City, that the ministry has a plan to establish 22 industrial complexes by 2020. Nassar explained that the state started these plans by building three complexes, as a first phase in Sadat City, Badr City, and Port …

Nihal Samir

Russia lifts ban on Egyptian potato exports

Tarek Kabil, minister of trade and industry, announced in a press statement on Saturday that Russian authorities have agreed to lift the imposed ban on Egyptian potato exports from eight agricultural areas. He added that exporting from those areas will begin starting from 6 June. The minister added that the decision is the culmination of …

Nihal Samir

Commodity trade between Egypt, Saudi Arabia at EGP 3bn in 2017

The total volume of commodity trade between Egypt and Saudi Arabia during 2017 amounted to about EGP 3bn, according to Egyptian Minister of Trade and Industry Tarek Kabil. Kabil noted that Saudi Arabia was among the largest Arab countries investing in the Egyptian market in 2017 with a total of $6.3bn invested in 4,274 projects where …

Shaimaa Al-Aees

Industry Ministry increases local component ratio in car assembling to 46%

Minister of Trade and Industry Tarek Kabil issued a decision to regulate the system of determining the ratio of local components in the car industry and its feeding industries. The decision stipulated that local components in car manufacturing must not be less than 46%. The contributions of the assembling line in the local manufacturing of …

Ahmed Amer

Egyptian-Portuguese Business Council to begin first meetings in March

New chairperson of the Egyptian-Portuguese Business Council (EPBC), Mohamed Abul-Enein, said that the council will start its first meetings in March, after a decision to form the council was recently issued by Minister of Trade and Industry Tarek Kabil. “The first EPBC meeting will be held in the presence of council members to share views about how …

Hagar Omran