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Middle East
06-08-2025
- Business
- Middle East
OPEN// PM: Govt paying great attention to developing national industry
CAIRO, Aug 4 (MENA) - Prime Minister Mostafa Madbouly said the government is paying great attention to developing the national industry, which is a pillar for achieving sustainable economic development. He highlighted the government's efforts to stimulate industrial production through improving the business environment, simplifying procedures to support both local and foreign investors, encouraging innovation and technology in the industrial sector, and implementing an investment plan to strengthen domestic manufacturing across various sectors. The prime minister made the remarks during a meeting he held on Monday to review the efforts being made to support the localization of industries in Egypt. The meeting was attended by Minister of Industry and Transport Kamel el Wazir, Minister of State for Military Production Mohamed Salah el Din, Minister of Electricity and Renewable Energy Mahmoud Esmat, Minister of Public Business Sector Mohamed Shimi, Minister of Investment and Foreign Trade Hassan el Khatib, as well as some officials from the ministries and authorities concerned. The meeting discussed various efforts and measures taken to support industry and overcome the challenges it faces, Cabinet Spokesman Mohamed el Homosany said. It also reviewed efforts to provide a fully integrated industrial environment that helps boost production efficiency, achieve the highest quality standards, and enhance competitiveness according to relevant global standards, the spokesman added. The meeting touched on ongoing efforts to strengthen the national industry in pursuit of economic development, self-sufficiency, and reducing dependency on imports, in line with Egypt's 2030 National Industrial Strategy, he noted. (MENA) I S N/R E E


Egypt Today
17-05-2025
- Business
- Egypt Today
Transport Minister announces BRT pilot operation Saturday
BRT bus - file CAIRO 17 May 2025: Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel el Wazir has announced the beginning of the pilot operation of the first phase of the Bus Rapid Transit (BRT) project. This came during Prime Minister Mostafa Madbouli's tour to inspect the project operation in the presence of the governors of Cairo and Qalyubia governorates and the president of the General Authority for Roads and Bridges. The minister explained details on linking the BRT stations and bus stops on the Ring Road to serve commuters, noting that 35-kilometer long first phase extends from the intersection of the Ring Road with the Alexandria Agricultural Road to the Police Academy Station. He underlined the importance of the project, which is carried out under the directives of President Abdel Fattah El Sisi to expand in offering environment-friendly means of transportation. The project is one of the main arteries linking the eastern and western areas of the capital and connecting these areas with the New Administrative Capital, the minister said, noting that there are transit stations with the Light Rail Transit (LRT) and the metro first and the third lines. During the pilot trial Saturday, Prime Minister Mostafa Madbouli was briefed about the operation system of the Bus Rapid Transit (BRT) project. The premier was briefed by Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel el Wazir during his tour to inspect the pilot operation of the first phase of the BRT project. El Wazir explained details on linking the BRT stations with bus stops on the Ring Road as well as waiting areas for commuters and ways to get BRT tickets. The minister pointed out that 100 air-conditioned electric buses will be operated in the first and second phases of the project. The 66-seat buses are set to serve 3,200 commuters per hour on both directions. He added that the buses are locally manufactured under the directives of President Abdel Fattah El Sisi on localizing industries to contribute to changing Egypt into a regional industrial hub


Middle East
17-05-2025
- Business
- Middle East
OPEN// PM inspects pilot operation of BRT 1st phase
CAIRO, May 17 (MENA) – Prime Minister Mostafa Madbouli inspected on Saturday the pilot operation of the first phase of the Bus Rapid Transit (BRT) on the Ring Road. The premier was accompanied by Deputy Prime Minister for Industrial Development Minister of Industry and Transport Kamel el Wazir. (MENA) K F E/Y R E


Egypt Today
17-05-2025
- Business
- Egypt Today
PM Madbouli inspects pilot operation of BRT's 1st phase
BRT - file CAIRO - 17 May 2025: Egyptian Prime Minister Mostafa Madbouli inspected on Saturday the pilot operation of the first phase of the Bus Rapid Transit (BRT) on the Ring Road. The premier was accompanied by Deputy Prime Minister for Industrial Development Minister of Industry and Transport Kamel el Wazir. During the visit, Prime Minister Dr. Mostafa Madbouli said he inspected the trial run of the first phase of the BRT on the Ring Road, a project that was considered a "dream" and serves citizens. What is the BRT project? The Bus Rapid Transit (BRT) project is being implemented by the Ministry of Transport, as an alternative to the fifth metro line that operates on the ring road. The BRT will also be an alternative to the microbus. A service road will be constructed to connect the microbus stops and the new bus stations. The project is being implemented in two phases, with 49 stations on the ring road, at a cost of approximately EGP 9.5 billion. The project aims to operate 100 electric buses along the road, and they will be connected to other means of transportation, including service stop points under the ring road, in addition to other means of transportation such as the metro, trains, and superjet.


Egypt Today
17-05-2025
- Business
- Egypt Today
PM Madbouli inspects pilot operation of BRT 1st phase
BRT - file CAIRO - 17 May 2025: Egyptian Prime Minister Mostafa Madbouli inspected on Saturday the pilot operation of the first phase of the Bus Rapid Transit (BRT) on the Ring Road. The premier was accompanied by Deputy Prime Minister for Industrial Development Minister of Industry and Transport Kamel el Wazir. During the visit, Prime Minister Dr. Mostafa Madbouli said he inspected the trial run of the first phase of the BRT on the Ring Road, a project that was considered a "dream" and serves citizens. What is the BRT project? The Bus Rapid Transit (BRT) project is being implemented by the Ministry of Transport, as an alternative to the fifth metro line that operates on the ring road. The BRT will also be an alternative to the microbus. A service road will be constructed to connect the microbus stops and the new bus stations. The project is being implemented in two phases, with 49 stations on the ring road, at a cost of approximately EGP 9.5 billion. The project aims to operate 100 electric buses along the road, and they will be connected to other means of transportation, including service stop points under the ring road, in addition to other means of transportation such as the metro, trains, and superjet.