Latest news with #KamelElWazir
Zawya
08-05-2025
- Automotive
- Zawya
Green Valley signs agreement to provide 100 EVs in Egypt
Arab Finance: Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir signed a licensing contract for Green Valley Company to promote green transportation, as per a statement. Under the agreement, Green Valley will provide 100 electric vehicles (EVs), which will be operational in the coming period within the governorates of Cairo and Giza. This falls within the company's plan to expand the use of EVs across various governorates. El-Wazir emphasized that the project contributes to reducing carbon emissions through clean energy transportation using information technology (IT). It also reflects the state's encouragement of public-private partnerships in implementing development projects and enhancing the quality of life in major cities through safe transportation. Riad Salem, Chairman of Green Valley, noted that the agreement represents the first phase of the company's plans to invest in the Egyptian market. He also unveiled plans for localizing the EV industry and its chargers, highlighting Egypt's promising investment environment and the mega infrastructure projects it has implemented. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Middle East
19-04-2025
- Business
- Middle East
Open// PM inspects Allweiler Farid Hassanein factories
CAIRO, April 19 (MENA) – Prime Minister Mostafa Madbouli has visited two factories of Allweiler Farid Hassanein Pumps in the 10th of Ramadan city. The visit is part of the premier's tour, which kicked off on Saturday to inspect a number of factories in the 10th of Ramadan city, where he was accompanied by Transport and Industry Minister Kamel El Wazir and a host of respective officials. Madbouli, who was received by the company chairman, was briefed about the company's activities and future expansion plans, calling on the company to contribute to producing pumps used in the presidential 'Decent Life' initiative to cut imports. Allweiler-Farid Pumps is a joint venture with the German worldwide known pump manufacturer ALLWEILER GmbH which is a member of the Colfax Fluid Handling and the Egyptian 'Farid Hassanein Co.'. It is now one of the biggest pumps manufactures in the MENA region. (MENA) K F E/M N E
Middle East
19-04-2025
- Business
- Middle East
Open// PM tours Egyptian Swiss Group's factories in 10th of Ramadan city
10TH OF RAMADAN CITY, Egypt, April 19 (MENA) – Prime Minister Mostafa Madbouli has toured the factories of the Egyptian Swiss Group for flour, pasta, and concentrates in the 10th of Ramadan city. The premier on Saturday embarked on a tour to inspect a number of factories in the 10th of Ramadan city, where he was accompanied by Transport and Industry Minister Kamel El Wazir and a host of respective officials. Madbouli, who was received by the group's chairman and general director, was briefed about the group's achievements and its future expansion plans to invest some $10 million to meet the growing demands of exports and local markets. The group, which was established in 1995, has been adopting high production standards and distinguished quality, leading to rapid growth and expansion for its products, including wheat, pasta, and concentrates, in both local and export markets. (MENA) K F E/M N E
CairoScene
19-03-2025
- Business
- CairoScene
Egypt's Industry Ministry Launches Mobile App for Investor Complaints
The new app aims to streamline investor complaints and inquiries, providing faster and more structured government responses. Mar 19, 2025 Egypt's Ministry of Trade and Industry has launched the first version of a mobile application to facilitate investor complaints and inquiries, as part of a broader effort to improve communication between businesses and government authorities. The app is currently available for Android users, with an iOS version expected soon. The app - called 'دعم المستثمرين', which translates to 'Investor Support' - allows investors to register an account using their name, phone number, and email address, enabling them to submit complaints, track their status, and receive official follow-ups from the ministry. The initiative aligns with directives from Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El Wazir to enhance digital transformation in industrial and trade sectors. Egypt has been expanding its digital infrastructure to improve investment conditions and reduce bureaucratic delays. Recent initiatives include electronic business registration and online licensing systems, which aim to streamline administrative procedures and attract more investment.
Zawya
10-02-2025
- Business
- Zawya
Egypt's Deputy PM urges Qatar businessmen to invest in industrial sector
Doha: Deputy Prime Minister for Industrial Development and Minister of Transport and Industry of Egypt, Lt. Gen. Engineer Kamel Al Wazir, invited Qatari businessmen to invest in Egypt, particularly in industrial sector. He pointed out that Egypt offers many incentives and facilitation measures for Qatar investors, including rapid allocation of industrial land and issuance of licenses on the same day. This came during a meeting held on Sunday in Doha between Chairman of Qatar Chamber, HE Sheikh Khalifa bin Jassim Al Thani, and Lt. Gen. Kamel El Wazir, in the presence of Chairman of Federation of Egyptian Industries (FEI), Engineer Mohamed Zaki El Sewedy, and HE Ambassador of Egypt to Qatar, Ambassador of Egypt to Qatar. The meeting discussed the bilateral relations between the two countries, especially in the fields of trade and industry and means of enhancing them, and the engagement of the private sector in both Qatar and Egypt in promoting investments between the two sides. Lt. Gen. Kamel El Wazir highlighted the presence of 23 investment opportunities in the Egyptian industrial sector, including industries that are needed in the Egyptian market and can also be exported to foreign markets. He emphasized that the Egyptian Ministry of Transport and Industry is ready to offer all necessary facilitation to Qatar investors. On his part, Sheikh Khalifa bin Jassim Al-Thani praised the close friendly relations between the two countries, noting the continuous coordination between the Qatar Chamber and the Federation of Egyptian Chambers of Commerce to enhance cooperation in various economic sectors. He also emphasized strengthening ties between businessmen from both countries, which would contribute to boosting joint and mutual investments and consequently enhancing trade exchanges. He affirmed the interest of Qatar businessmen in investing in Egypt, which has seen significant improvements in its investment climate and available opportunities, especially in industrial sector. He also mentioned the mutual desire of the private sectors in both countries to enhance cooperation. HE Sheikh Khalifa bin Jassim Al Thani pointed out that trade between Qatar and Egypt grew by 38 percent last year, reaching approximately QR 746 million, compared to QR 540 million in 2023. He expressed confidence that in the coming years, bilateral trade will continue to increase, particularly with the growing role of the private sector in both countries' economies. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (
