logo

Egypt forms mini committee to tackle customs evasion, support local industry

Zawya24-06-2025
Egypt - Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir has ordered the formation of a mini committee to develop effective solutions for combating customs evasion—a practice that poses a growing threat to local industry, state revenues, and product quality in the Egyptian market.
The committee, announced during the 26th meeting of the Ministerial Group for Industrial Development held Monday, will include representatives from the Ministry of Investment and Foreign Trade, the Egyptian Customs Authority, the Organization for Standards and Quality, the General Organization for Export and Import Control, the Federation of Egyptian Industries, and a private-sector company owner.
Its mandate is to formulate recommendations aimed at curbing customs evasion while safeguarding the interests of domestic manufacturers and improving market integrity.
At the start of the meeting, Minister Al-Wazir reviewed the outcomes of his recent visit to the Abu Rawash Industrial Zone, which currently hosts 800 facilities and is expected to expand to 1,000. He highlighted the zone's most pressing challenge: inadequate basic infrastructure, which is hampering production and hindering operational efficiency.
He called for urgent inter-ministerial cooperation—particularly from the Ministries of Housing and Irrigation—to upgrade infrastructure in the zone and expedite the establishment of a water and wastewater treatment plant. Approvals and permits for the plant have already been obtained, with financial allocations being finalised in coordination with the Giza Governorate.
Al-Wazir also urged authorities to boost the zone's utilities capacity, particularly given the presence of major labour-intensive factories with export capabilities. The Ministry of Housing and Urban Communities has been tasked with preparing a detailed plan for the plant, to be presented at the next ministerial group meeting.
The session also reviewed complaints from several Egyptian manufacturers of filtration systems regarding the negative impact of customs evasion on their operations. The discussion included a review of the automated classification and pricing mechanism currently employed by the Customs Authority, which determines reference prices for import valuation purposes.
The group also assessed the status of three companies previously granted single industrial licences to establish factories in animal feed production, rubber recycling, and food packaging. These companies had exceeded the designated timelines for setting up their operations. Consequently, the committee approved the withdrawal of the allocated land and its reallocation to more committed investors, particularly in cases where land hoarding was evident.
Minister Al-Wazir emphasised the need for a thorough evaluation of all future applicants for the single licence, ensuring that projects secure the necessary technical approvals and environmental clearances. He reaffirmed that such licences should be limited to strategic projects, and that all relevant agencies must issue approvals within specified timeframes. Additionally, the consolidated industrial committee will carry out regular inspections of projects granted the licence.
The meeting also reviewed progress by the Arab Organization for Industrialization to localise the production of water pumps at its Engine Factory. The organisation has successfully manufactured water lifting pumps with 78% local content and split-case pumps with 80% local content, both approved by the National Authority for Potable Water and Sewage.
Further advancements include the production of the first prototype of horizontal centrifugal pumps, and the assembly of additional pump types—such as submersible, horizontal, and vertical split-case pumps—in cooperation with international partners. These models incorporate local content ranging from 40% to 80%, marking a significant step towards import substitution and industrial self-reliance.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Aayan Developments officially launches Operations in Egypt and unveils its first project 'dǎoda Towers' in the New Administrative Capital
Aayan Developments officially launches Operations in Egypt and unveils its first project 'dǎoda Towers' in the New Administrative Capital

Zawya

time12 hours ago

  • Zawya

Aayan Developments officially launches Operations in Egypt and unveils its first project 'dǎoda Towers' in the New Administrative Capital

Aayan Developments has officially announced the launch of its operations in the Egyptian market and unveiled its first real estate project under the name 'dǎo Towers', a multi-use high-rise tower located in the heart of the New Administrative Capital. The project represents the first step in a carefully planned expansion strategy aimed at transferring the company's rich development experience from Gulf markets to Egypt, driven by an integrated vision that combines institutional thinking with smart development. During the press conference, Eng. Mohamed Hegazi, Chairman of Aayan Developments, stated: 'Entering the Egyptian market was not just an expansion decision — it is part of a long-term strategic commitment to a market we truly believe in. We bring decades of executional expertise from Kuwait and the Gulf, and with dǎo Towers, we aim to deliver a distinct model based on innovation, quality, and structured governance.' He emphasized that the project is a direct reflection of Aayan's philosophy, which views real estate development as more than construction — encompassing planning, operations, value creation, and a holistic user experience. He further noted that the company is preparing to launch a series of upcoming projects across various regions of Egypt as part of its national expansion roadmap. Eng. Rami Hegazi, CEO of Aayan Developments, highlighted that choosing MU-12 on the Bin Zayed Axis as the location for the company's first project in Egypt was no coincidence, but the result of an in-depth analysis of prime real estate positioning within the New Administrative Capital. 'dǎo Towers is not just strategically located with panoramic views of the Green River and the Iconic Tower — it's a fully integrated project in every detail, from the variety of unit types including offices, retail spaces, clinics, and a luxury hotel, to an operational experience enhanced by artificial intelligence.' He noted that the project will include several firsts in the capital, including the largest digital advertising screen on Bin Zayed Axis, the largest rooftop infinity pool overlooking the city's landmarks, and the largest open festival and event plaza within an integrated development — all of which enhance the project's investment, commercial, and lifestyle value. Eng. Ahmed Hegazi, Executive Director of Aayan, affirmed that the company entered the Egyptian market fully aware of the scale of the challenges, and accordingly built its internal structure on robust administrative and organizational foundations that align with its ambitious expansion plans. 'From the beginning, we adopted a flexible and scalable institutional structure. We developed an operational system that merges human expertise with advanced technologies. Artificial intelligence is not just a technical feature for us — it's a core part of our operational DNA, whether in energy and facilities management, smart customer services, or real-time performance analysis.' To realize this vision, Aayan collaborated with a select group of leading advisory and planning entities, including MTA (led by Eng. Mohamed Talaat) for architectural design, ACE (Moharram - Bakhoum) for engineering consultancy, Al Hosny Consulting (Eng. Osman Ramadan) for structural detailing, as well as partnerships with AWI for strategic business planning and institutional structuring, ETQAN for market research and financial feasibility, AK Consulting for organizational development, and Pragma Innovations for creative design. The company's board members emphasized that dǎo Towers is not just a strong market entry, but a bold statement of a new type of developer — one that places methodology, governance, and smart systems at the heart of its developments. They concluded the conference by reaffirming that this project is just the beginning of a series of future developments that will introduce a new model of real estate development in Egypt, grounded in quality, smart transformation, and structured growth built on strong partnerships and deep expertise.

Egypt: Minister of Planning, Economic Development and International Cooperation Meets Executive Secretaries of the United Nations Economic Commission for Africa (UNECA) and the Economic and Social Commission for Western Asia (ESCWA)
Egypt: Minister of Planning, Economic Development and International Cooperation Meets Executive Secretaries of the United Nations Economic Commission for Africa (UNECA) and the Economic and Social Commission for Western Asia (ESCWA)

Zawya

time12 hours ago

  • Zawya

Egypt: Minister of Planning, Economic Development and International Cooperation Meets Executive Secretaries of the United Nations Economic Commission for Africa (UNECA) and the Economic and Social Commission for Western Asia (ESCWA)

Al-Mashat discusses outcomes of the 4th International Conference on Financing for Development (FfD4) and ways to enhance joint cooperation with UN officials. Al-Mashat emphasizes the need for intensified UN efforts to promote debt sustainability and overcome economic challenges in developing and emerging countries. H.E. Dr. Rania A. Al-Mashat, Minister of Planning, Economic Development and International Cooperation, held intensive bilateral meetings with development partners and government officials during the United Nations Financing for Development conference in Spain. The meetings focused on discussing ways to strengthen joint economic relations and reviewing the outputs and outcomes of the Fourth International Conference on Financing for Development. United Nations Economic Commission for Africa (UNECA) The Minister of Planning, Economic Development and International Cooperation met with Ambassador Claver Gatete, Executive Secretary of the United Nations Economic Commission for Africa (UNECA). During the meeting, H.E. Dr. Al-Mashat emphasized the significance of maintaining an open and cooperative dialogue on Debt Sustainability Analysis (DSA), particularly as developing countries strive to achieve the dual goals of financing development and maintaining financial sustainability. She highlighted Egypt's commitment to evidence-based policymaking and expressed appreciation for UNECA's role in promoting regional approaches to debt dialogue and capacity building. H.E. Dr. Al-Mashat affirmed that UNECA plays a pivotal role in fostering regional debt dialogue and providing technical support to member states. By providing knowledge and resources, the commission helps countries improve their financial strategies and develop debt management systems, thereby enhancing their ability to address economic challenges. The two sides discussed ways to develop joint relations. H.E. Dr. Al-Mashat reiterated Egypt's keenness to benefit from the technical expertise and knowledge resources provided by UNECA to refine policies and support inclusive growth. She also highlighted Egypt's commitment to leverage UNECA's support in the field of macro-planning to achieve sustainable development and promote inclusive growth. Economic and Social Commission for Western Asia (ESCWA) In another context, H.E. Dr. Rania Al-Mashat met with Ms. Rola Dashti, Executive Secretary of the UN Economic and Social Commission for Western Asia (ESCWA), to discuss a number of cooperation files. During the meeting, the two parties reviewed potential areas of cooperation and support between the Ministry of Planning, Economic Development and International Cooperation and the United Nations Economic and Social Commission for Western Asia (ESCWA). H.E. Dr. Rania Al-Mashat confirmed the depth of relations between the two sides and the diversity of cooperation files to include a number of vital issues. H.E. Minister Rania Al-Mashat pointed to the tools developed by ESCWA in the areas of financing, costing, budgeting, and improving debt management. She stressed Egypt's interest in and the importance of these tools, especially in light of the recent launch of Egypt's Integrated National Financing Framework (E-INFF). H.E. Dr. Al-Mashat pointed out the role of the Ministry of Planning, Economic Development and International Cooperation and its responsibility for managing public investments. She outlined that the AI-powered budgeting tool developed by ESCWA could contribute to guiding optimal public spending decisions to achieve sustainable development goals and accelerate their implementation, in line with Egypt's commitments, national priorities, and Egypt Vision 2030. H.E. Minister Al-Mashat underscored the importance of cooperation with ESCWA to bridge data gaps, as development gaps are linked to financing gaps, making it essential to monitor these gaps accurately. H.E. Dr. Al-Mashat also noted the Ministry's role in chairing the Ministerial Committee for Entrepreneurship, which includes various relevant entities. She indicated potential avenues for cooperation in this area, especially given ESCWA's endeavors to support small and medium-sized enterprises and boost their capabilities in e-commerce. The two sides also discussed the possibility of ESCWA supporting the Central Agency for Public Mobilization and Statistics (CAPMAS) by providing innovative ideas and mechanisms to enhance preparations for the upcoming population census. Distributed by APO Group on behalf of Ministry of Planning, Economic Development, and International Cooperation - Egypt.

Hamas in talks on final details of Gaza ceasefire
Hamas in talks on final details of Gaza ceasefire

The National

time14 hours ago

  • The National

Hamas in talks on final details of Gaza ceasefire

Hamas leaders are holding talks on the final details of a Gaza ceasefire deal, sources told The National, as a far-right Israeli minister threatens to torpedo any agreement. Gaza's ruling militants are expected to agree to the latest proposal for a ceasefire and the release of hostages, but the group is seeking clarification about some outstanding issues, the sources said as the talks take place in Cairo on Thursday. 'Hamas has agreed to about 90 per cent of the provisions of the proposals,' said one source. 'It's searching for details and clarifications before it gives it final agreement to the plan.' The main provisions in the proposed deal are a 60-day truce during which Hamas will release 10 living hostages as well as the remains of half those who died in captivity in return for about 1,200 Palestinians detained in Israel. The proposal also envisions negotiations between Israel and Hamas on ending the war and an Israeli withdrawal from Gaza. Mediators from Egypt, Qatar and the US would provide assurances about those negotiations, but Israel is not committing to that part, according to an Egyptian official quoted by the Associated Press on Thursday. Israeli National Security Minister Itamar Ben-Gvir, who has bitterly opposed any deal throughout the war, called on political ally Finance Minister Bezalel Smotrich to 'join forces' to stop a 'reckless deal'. Mr Smotrich this week promised to oppose any deal that ended fighting in the strip. 'We must not stop the war without victory,' Mr Ben-Gvir told Israel's public broadcaster. 'What do you think will happen if we stop the war now? That Hamas will hand out flowers?'. US President Donald Trump has said Israel has agreed the terms of the 60-day ceasefire and that Washington would work with both sides during that time to try to end more than 20 months of war. If Hamas does not accept what is on offer, Mr Trump warned, its prospects will get worse. The renewed efforts to reach a Gaza truce are taking place in the aftermath of US and Israeli strikes on nuclear sites in Iran, Hamas's chief foreign backer. They also come ahead of Mr Trump's meeting with Israeli Prime Minister Benjamin Netanyahu in Washington on Monday. The sources said senior Hamas leaders were in Cairo on Thursday for talks with Egyptian officials to iron out details and timelines of a range of issues, including the withdrawal of the Israeli military from areas in Gaza it seized after a previous ceasefire collapsed in March. Also under review by the two sides are the mechanics of the resumption and distribution of humanitarian aid for Gaza, where hundreds of thousands are facing hunger and the acute shortage of essential life items. It is not immediately clear how the proposal addresses Hamas's long-standing conditions, chiefly an end to the war and an Israeli withdrawal from Gaza. Also not clear are the terms that Israel has accepted and whether it offered any concessions on its often repeated assertion that Hamas must dismantle its military and governance capabilities and free all the hostages before the war can end. The Egyptian official quoted by AP said both sides have agreed that the UN and the Palestinian Red Crescent would lead aid operations in Gaza and that the Gaza Humanitarian Foundation, which is backed by Israel and the US, would also continue to operate in the enclave. The Hamas and Egyptian officials are also discussing details of the proposed departure from Gaza of wounded Palestinians for treatment as well as senior Hamas officials who are expected to live in exile abroad. The precise mandate of a council of independent Palestinian technocrats expected to run the coastal territory when the proposed 60-day truce goes into effect is also being negotiated, according to the sources. Also under discussion is the storing of weapons to be laid down by Hamas as part of the deal and the return by Israel of the bodies of the group's late Hamas leader, Yahya Sinwar, and his brother, military commander Mohammed Sinwar. Both were killed by Israel. But Mr Ben-Gvir's call highlights how easily a deal could still be derailed despite apparent recent progress, particularly if Israel's leading hardliners band together. Mr Ben-Gvir removed his Jewish Power party from the coalition in January in anger about a short-lived hostage deal. He rejoined the government when the war resumed in March. His manoeuvres have prompted Israel's opposition to offer Mr Netanyahu a safety net, in case the government lacks the votes to pass a deal. Opposition leader Yair Lapid wrote on X that he was willing to offer his 23 seats to get a hostage deal. 'We need to bring them all home now,' he said. Despite potential difficulties for Mr Netanyahu, senior ministers in the coalition appear to be supporting the push for an agreement. 'There is a large majority in the government and among the people for the plan to release hostages,' Foreign Minister Gideon Sa'ar said on Wednesday. 'If there is an opportunity to do so, it must not be missed!' A forum representing the families of most Israeli hostages have published a clip in which two captives still held in Gaza described themselves as 'dead men walking'. Maxim Herkin and Bar Kuperstein told the camera they 'don't feel like human beings'. The full video calls for one overall deal, as opposed to a series of staggered releases, the format for two previous deals. The Hostages and Missing Families Forum said its members 'demand a comprehensive agreement that will ensure the return of every last hostage'. The Gaza war broke out in October 2023, when Hamas-led militants attacked southern Israel, killing 1,200 people and taking roughly 250 hostages. The group is believed to still have some 50 hostages, with fewer than half of them thought to be alive. The attack drew a devastating military campaign by Israel that has to date killed more than 56,000 Palestinians and wounded more than twice that number, according to health authorities in Gaza. The war has also displaced, more than once in many case, the majority of Gaza's estimated two million residents and destroyed large swathes of built-up areas. Mediators from the US, Qatar and Egypt have been trying in vain since March to broker a pause in the war and the release of hostages. The only other truce in Gaza since the war began came in November 2023. It lasted a week.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store