May 7, 2022. Al-Shorouk Economic Bulletin: Presidential Assignments to Put Industry on Priority Agenda

“Al-Shorouk” presents to you the five in the evening bulletin, which deals with the most important news of the economy and the financial and business community that has taken place throughout the day.

Al-Shorouk Economic Bulletin monitors the most important economic news today, Saturday, May 7, 2022, which came to the fore:

Madbouly: Instructions from the president to put the industry on the priority agenda … and take measures to locate various industries
Prime Minister Mostafa Madbouly held a meeting today to review industrial investment opportunities to deepen local industrialization, noting that there are mandates from President Abdel Fattah El-Sisi to put the industrial sector on the government’s job priorities agenda at this stage, and the government continues to work on taking measures and decisions that will locate various industries, with the participation of the private sector, which is the state’s main partner in comprehensive economic development.
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The Sanitary Ware division looks at the transformation of the plumbing importers into local manufacturing
The Cairo Chamber of Commerce’s Sanitary Ware Division, headed by Fawzi Abdel Galil, is discussing with a number of sanitary and plumbing retailers the shift of imports to local manufacturing, in order to take advantage of the state-imposed controls . reduces the import process and the import bill, at the same time calls for the need to quickly open documentary credits so that it does not stop factory production.
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The Central Bank: The Monetary Policy Committee meets on time, and it is not necessary to amend it
An official source at the Central Bank of Egypt has confirmed that the Central Bank’s Monetary Policy Committee will meet on its normal date, May 19.
The source said – in statements to the Middle East News Agency – that there are no new events that require the change of date of a meeting.
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From tomorrow, the daily working hours of the Financial Supervisory Authority have been extended to five o’clock in the evening
The Financial Supervisory Authority has decided to extend the number of daily working hours to nine hours to five in the evening, from tomorrow – with the end of the Eid Al-Fitr holiday – to meet the needs of work and to the stakeholders of to facilitate those who trade. in non-bank financial activities.
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A member of the Chamber of Tourism Companies asks for a plan to attract Arab tourism during the summer season

Hisham Idris, a member of the Chamber of Tourism Companies and a member of the Board of Directors of the Owners Division of Restaurants, Hotels and Tourist Institutions in the Chamber of Commerce in Giza, called on the development of an integrated plan to attract Arab tourism during the next summer season, focusing on developments in the Egyptian tourism industry, and emphasizing the new tourist areas and their content Temptations that meet the requirements of the Arab tourist.
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The Minister of Agriculture monitors the harvesting and supply of wheat in all governors of the Republic
Al-Qaseer, Minister of Agriculture and Land Reclamation, yesterday, Friday, along with the leaders of the ministry and directors of agricultural directorates, continued the harvesting and supply of wheat in all governors of the Republic, with the need for a representative of the ministry. to be present in all reception areas, whether in mills, silos or the Agricultural Bank, with the need for an operating room in all Agricultural Departments to receive complaints and communication and move immediately to resolve them.
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Trade: The Egyptian Commercial Office in Spain participates in the 20th issue of IMEX
The Egyptian Trade Office in the Spanish capital, Madrid, has taken part in the activities of the 20th edition of IMEX-Madrid 2022, which was held from 18 to 22 April and is dedicated to the promotion of Africa, according to a statement by the Ministry of Industry.
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Gold is down 20 pounds, and 21 carats is worth 1230 pounds
The price of gold in the local goldsmith markets dropped by about 20 pounds during today’s transactions, bringing the price of a 21 carat top seller in Egypt to about 1230 pounds, and the price of a gram 18 pounds. carats of gold dropped to about 1055 pounds, and a gram of 24 carats recorded about 1395 pounds And the price of the gold pound dropped by about 160 pounds, to reach 9,840 pounds.
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£ 3.7 trillion, the value of the state’s electronic payment and collection services within 34 months
The Minister of Finance, Mohamed Maait, has reviewed a report on the performance of the electronic payment and collection system for state funds during the 34 months since its launch in May 2019, and emphasized that this advanced system is one of the most important tools to ” digital Egypt “, the transition to a non-cash economy and the promotion of financial inclusion; to move to the “New Republic”; It contributes to improving the efficiency and effectiveness of government performance, improving the quality of services provided to citizens, and improving governance and transparency.
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Minister of Housing: 61 thousand housing units are implemented for low-income people in the capital’s gardens
Dr. Assem Al-Jazzar, Minister of Housing, Utilities and Urban Communities, has followed the executive position of a number of projects in different sectors in the Capital Gardens City, which is one of the fourth generation smart cities to be implemented in an area. of about 29 thousand acres, within the region of Cairo governor, and east of Badr City.
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