Skip to content Skip to Search
Skip navigation

Egyptian cement exports grow 22% in 2023

Egypt’s cement exports surged 22 percent to $625 million in the first nine months of 2023 Creative Commons
Egypt’s cement exports surged 22 percent to $625 million in the first nine months of 2023

Egypt’s cement industry has an annual output of 92 million tonnes, which ranks it among the top 10 cement producers globally, according to Egyptian trade and industry minister Ahmed Samir.

Egypt’s cement exports surged 22 percent to $625 million in the first nine months of 2023, compared to $512 million a year ago, Egypt Today newspaper.

The industrial sector contributes 17 percent to the country’s GDP and employs nearly 15 percent of the regular workforce, the news daily reported, citing the minister’s speech at a trade exhibition in Cairo.

He affirmed that the government will provide incentives to local and regional manufacturers, creating a supportive industrial environment and promoting the private sector’s pivotal role.

Latest articles

EGSH

Dubai launches one-stop hub to streamline government services

People in Dubai can now obtain an Emirates ID, register a company, open a bank account and more under one roof following the opening of the Emirates Government Services Hub (EGSH). Owned by Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum, a member of the Dubai Royal family, EGSH allows clients to access all essential […]

In association with
Thailand's consul general Kitinai Nutakul visits the Saudi Ministry of Foreign Affairs in Jeddah

Thailand opens investment office in Saudi Arabia

Thailand’s Board of Investment (BOI) is opening its first Middle East office in Saudi Arabia, signaling a deepening of economic ties between the nations after a longstanding diplomatic spat. The office will focus on attracting Saudi investment into Thailand’s targeted industries and supporting Thai entrepreneurs looking to invest in the region, the BOI said in […]

hajj saudi arabia

Saudia reports big rise in international passengers

Saudi Arabia’s national carrier Saudia reported a 24 percent increase in international passengers to 9.1 million in the first half of 2024. There was also a 13 percent rise in the number of flights. The Hajj pilgrimage in June played a large part in the growth.  The number of passengers flying on domestic routes rose […]

renewables target dam

World is off track to meet Cop28 renewables goal

The world is far from reaching its 2030 renewables target, the International Renewable Energy Agency (Irena) said on Thursday. Countries committed at the Cop28 summit in Dubai last year to treble renewables capacity in order to limit global warming to 1.5C. To stay on course global capacity growth needs to accelerate to a minimum rate […]