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Trade minister heads to Geneva for WTO review of Egypt’s trade policy

Egyptian Trade and Industry Minister Tarek Kabil is heading to Geneva, Switzerland with an Egyptian delegation to participate in meetings to review the trade policy of Egypt, which is held periodically for all member countries of the World Trade Organisation (WTO). The meetings are scheduled to be held between 20 and 22 February 2018 at …

Shaimaa Al-Aees

Expo Egypt portal to launch this month

The pilot version of the Egyptian portal “Expo Egypt” will be launched in the current month, according to Minister of Trade and Industry Tarek Kabil. Kabil said that the portal will serve as an electronic platform containing studies and information on foreign markets and will be a virtual market to link exporters with importers. He …

Daily News Egypt

Chinese Jushi factory starts fourth phase of Fiberglass factory with investments worth $60m

Minister of Trade and Industry Tarek Kabil said that the Chinese Jushi Egypt For Fiberglass Industry is starting its fourth phase of production, which includes grinding raw materials and manufacturing packaging materials locally, with investments worth $60m. The minister said during his meeting with the company’s chairperson and the accompanying Chinese delegation that the construction process and starting …

Daily News Egypt

26% decrease in trade deficit in 11M 2017

Minister of Trade and Industry Tarek Kabil said that the trade balance deficit has decreased significantly, by 26%, during the first 11 months (11M) of 2017, versus 13% in 2016. He added that the trade balance deficit has reached $12bn, explaining that $10bn decline in imports and $2bn increase in exports in the first 11 …

Nihal Samir

2,000 industrial licenses issued since announcing bylaws

Minister of Trade and Industry Tarek Kabil said that his ministry, represented by the Industrial Development Authority (IDA), granted more than 2,000 industrial licenses during the three months that followed the passage of the Industrial Licensing bylaws in August. In a brief statement to Daily News Egypt, Kabil said that the bylaws for industrial licensing …

Nihal Mounir

Lack of affordable lands, enacting laws main challenges of new industrial investment map: investors

Minister of Trade and Industry Tarek Kabil launched the industrial investment map, which includes all available industrial investment opportunities in various governorates in Egypt. The data at the ministry’s website indicates that there are 3,886 industrial investment opportunities in 27 Egyptian governorates. In February, the ministry launched the first phase of the industrial investment map, …

Shaimaa Al-Aees