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Factories manufacturing in Egypt are facing a surge in steel prices, with the most recent increase by Ezz Dekheila Steel Company (Ezz Steel) earlier this week
On Monday 20th, BSH Appliances Group hosted a big event to celebrate the inauguration of their first ever factory in Africa.
Prime Minister Mostafa Madbouli stated that the caravan - prepared in collaboration with civil society - is worth LE650 million.
Sharp air conditioner that meets all requirements in addition to the warranty factor and the after-sales service which ELARABY Group is famous for.
The decline came because of a decision that stipulates the approval of the Ministry of Industry and Trade of imports.
The rebound is attributed to the efforts of the Ministry of Industry in promoting exports, and lifting ban on agriculture and tomatoes exports, Tarek Kabil said.
The two factories are built with Korean investments, Minister of Industry Tarek Kabil says.