Egypt Zones accountACCOUNT

Cabinet Reviews Measures to Transform Military Production Ministry into Industrial Edifice

Source: www.export-egypt.com 5/19/2018, Location: Africa

Share |
The cabinet reviewed the measures taken to transform the Ministry of Military Production into an industrial edifice that could play a role in achieving sustainable development and implementing mega projects.

The meeting also tackled efforts exerted to support the Egyptian industrial sector and increase local components in the Egyptian products.

Speaking at the meeting to review performance of his ministry's performance over the past period, Minister of Military Production Mohamed el Assar said total revenues of his ministry increased from EGP 4.2 billion in 2014/2015 to hit EGP 8.9 million in 2016/2017.

Meanwhile, Finance Minister Amr el Garhy said that Egypt’s credit rating was raised from (B-) to (B) by Standard and Poor’s, reflecting good performance of the Egyptian economy.

For her part, Social Solidarity Minister Ghada Wali reviewed coordination between her ministry and NGOs to distribute food packages to the needy people in the holy fasting month of Ramadan.

About 3.780 million packs have been handed over to the poor and needy families nationwide so far, she noted.

Financials and Investment News in Egypt >>

Egypt >>  9/19/2024 - Egypt is having a special participation at the IFTM-Top Resa exhibition, which lasts until Sept.19 in Paris.

Egypt’s pavilion has more than...

Egypt >>  9/18/2024 - On his first visit around the region since his appointment, Jalel Trabelsi, the Special Envoy of the African Development Bank (AfDB), praised Egypt's ...

Egypt >>  9/18/2024 - On his first visit around the region since his appointment, Jalel Trabelsi, the Special Envoy of the African Development Bank (AfDB), praised Egypt's ...
Egypt >>  9/18/2024 - Benchmark index EGX 30 was up 0.61 percent to 30,342.46 points, with the Shariah index climbing by 0.20 percent to reach 2,879.64 points.

E...


Egypt >>  9/18/2024 - The British company Globeleq is set to collaborate with the Egyptian government in establishing a substantial project for green hydrogen production, a...
Egypt >>  9/18/2024 - Deputy Prime Minister and Minister of Health and Population Khaled Abdel Ghaffar asserted the importance of cooperating with South Africa in the field...




Egypt Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 |

More News

Oil & Gas Companies in Egypt >>

Related Links

Egypt Zones
Copyright © Universal Solutions All rights reserved. - Privacy Policy.