Facing a supply shortage, Mahallah factory owners said they would give the government until Sunday to respond to their demands that Egypt stop exporting raw cotton and cancel export suport for yarn.
The owners agreed that if their demands are not (...)
The Industrial Development Authority (IDA) on Wednesday will set production quotas for steel sponge and foundation steel for the four companies in Egypt that have already obtained production licenses, IDA President Amr Assal said on Tuesday.
Minya's (...)
Egypt's Minister of Trade and Industry Rachid Mohamed Rachid on Tuesday said the government “is not going to hide behind the walls instead of facing challenges encountering Egypt during the recent period."
The comment was delivered to the second (...)
Five Egyptian and Arab companies, including local giant Ezz Steel, obtained technical qualification applications on Monday, allowing them to compete for new production permits for construction steel and billets from the Industrial Development (...)
Ahmed el-Wakil, head of the Egyptian Federation of Chambers of Commerce, called on the government to interfere to protect traders against the dangers of importing rice in order to create a strategic reserve of rice and provide the amounts covered by (...)
Minister of Industry and Foreign Trade Rachid Mohamed Rachid has referred recent complaints of price increases imposed by maritime services companies to the ُEgyptian Competition Authority.
The complaints were submitted by the Federation of Egyptian (...)
The Minister of Trade and Industry Rachid Mohamed Rachid emphasized that there are several elements that will ensure the success of the Euro-Mediterranean alliance, and that this alliance will avoid the obstacles encountered by the Barcelona (...)
Associations for cattle farmers and dairy producers lashed out at the government for failing to narrow the gap between local meat production and domestic consumption, which, they complain, has led to soaring retail prices.
Cattle farmer Gouda (...)
At a meeting of the Egyptian Chamber of Textiles Manufacturers on Thursday, local textiles companies threatened to close down due to the finance ministry's failure to carry out a cabinet resolution to support the industry with a LE400-million (...)
Global sugar prices fell from US$619 to US$540 per ton during the month of March, forcing local importers to lower retail prices, which in turn reduced the price of imported sugar on the local market from LE4000 to LE3600 per ton.
A report by the (...)