Finance Ministry to offer eight T-bill, bond tenders worth EGP 190bn this week    US forces capture Maduro in "Midnight Hammer" raid; Trump pledges US governance of Venezuela    Gold slips at start of 2026 as thin liquidity triggers profit-taking: Gold Bullion    ETA begins receiving 2025 tax returns, announces expanded support measures    Port Said health facilities record 362,662 medical services throughout 2025    Madbouly inspects Luxor healthcare facilities as Universal Insurance expands in Upper Egypt    Nuclear shields and new recruits: France braces for a Europe without Washington    Cairo conducts intensive contacts to halt Yemen fighting as government forces seize key port    Gold prices in Egypt end 2025's final session lower    From Niche to National Asset: Inside the Egyptian Golf Federation's Institutional Rebirth    Egyptian pound edges lower against dollar in Wednesday's early trade    Oil to end 2025 with sharp losses    5th-century BC industrial hub, Roman burials discovered in Egypt's West Delta    Egyptian-Italian team uncovers ancient workshops, Roman cemetery in Western Nile Delta    Egypt to cover private healthcare costs under universal insurance scheme, says PM at New Giza University Hospital opening    Egypt completes restoration of 43 historical agreements, 13 maps for Foreign Ministry archive    Egypt, Viatris sign MoU to expand presidential mental health initiative    Egypt sends medical convoy, supplies to Sudan to support healthcare sector    Egypt's PM reviews rollout of second phase of universal health insurance scheme    Egypt sends 15th urgent aid convoy to Gaza in cooperation with Catholic Relief Services    Al-Sisi: Egypt seeks binding Nile agreement with Ethiopia    Egyptian-built dam in Tanzania is model for Nile cooperation, says Foreign Minister    Al-Sisi affirms support for Sudan's sovereignty and calls for accountability over conflict crimes    Egypt flags red lines, urges Sudan unity, civilian protection    Egypt unveils restored colossal statues of King Amenhotep III at Luxor mortuary temple    Egyptian Golf Federation appoints Stuart Clayton as technical director    4th Egyptian Women Summit kicks off with focus on STEM, AI    UNESCO adds Egyptian Koshari to intangible cultural heritage list    Egypt recovers two ancient artefacts from Belgium    Egypt, Saudi nuclear authorities sign MoU to boost cooperation on nuclear safety    Egypt warns of erratic Ethiopian dam operations after sharp swings in Blue Nile flows    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Al-Sisi reviews progress on local manufacturing, urges deeper self-sufficiency
Published in Daily News Egypt on 21 - 07 - 2025

Egyptian President Abdel Fattah Al-Sisi met on Monday with Lieutenant General Mokhtar Abdel Latif, Chairperson of the Arab Organization for Industrialization (AOI), to review the progress of strategic civil and defence industry projects designed to strengthen domestic manufacturing and localize advanced technologies, according to a presidential statement.
Presidential spokesperson Mohamed El-Shennawy said the meeting highlighted AOI's initiatives across multiple sectors, including transport, clean energy, medical supplies, and wood products, as well as its ongoing efforts to expand military production for the armed forces and boost exports.
Abdel Latif outlined the AOI's strategic vision, which focuses on industrial modernisation, developing skilled human capital, advancing scientific research, and forging partnerships with major local, regional, and international companies to reinforce Egypt's position as a regional manufacturing hub.
The AOI chief also announced that production has begun on the Citroën C4X in cooperation with global automotive group Stellantis, with an annual target of 7,000 vehicles and a cumulative goal of 28,000 over four years. Production of the new Jeep Cherokee is scheduled to start in September 2024, alongside the Toyota Fortuner SUV at a planned annual output of 1,200 units.
In addition, AOI is expanding into electronics, with new production lines for laptops, tablets, smartphones, prepaid electricity meters, and routers aimed at meeting domestic demand and reducing reliance on imports.
The meeting also covered AOI's clean energy initiatives, including the manufacture of advanced solar panels and the development of a solar power station in Uganda as part of Egypt's contribution to the Nile Basin Initiative. AOI is further investing in smart digital marketing platforms to broaden its reach in both local and regional markets.
On human capital development, Abdel Latif highlighted the organisation's education and training programmes through its technology and engineering academies, vocational institutes, and international collaborations, such as with the International Institute of Welding in Italy.
President Al-Sisi commended AOI's achievements and called for continued efforts to expand domestic production, reduce costs, and enhance competitiveness. He also stressed the importance of minimising imports in key sectors to cut the trade deficit and save foreign currency, while urging greater coordination among government ministries, the private sector, and national industrial institutions to unlock Egypt's full manufacturing potential.


Clic here to read the story from its source.