Engineer Tareq Qabeel, Minister of Trade and Industry, previewed the ministry’s strategy 2016/2020 within the ministerial cabinet’s meeting. It includes 5 axes aiming to increase the industry’s contribution by 21 per cent of the total Egyptian product over 5 years and increase the SMEs and private sector’s contribution by 10 per cent. It also targets reducing the trade deficit by 50 per cent. The parliament will approve the licensing law within the current week.
The Middle East Observer is a leading online platform dedicated to providing unbiased, in-depth coverage of the Middle East, North Africa and the world. Our expert team of journalists delivers timely news and analysis across a diverse range of topics, including politics, economics, life style, science, and technology. We strive to inform and engage our readers with informative, premium coverage, and thought-provoking content.
Copyright © MEO. All Rights Reserved.
