Egypt’s industrial growth touches 7.2% in Jul-Sep.
Egypt’s industrial growth touches 7.2% in Jul-Sep. According to Minister of Trade and Industry Rasheed M. Rasheed Egypt ’s industrial growth rate increased from 5.1% in Q1 of FY 2005/06 (Jul-Jun) to 7.2% in Q1 of 2006/07. Rasheed attributed the improved industrial growth to the government’s industrial policy, expected further growth during the coming three months. New plants are to be inaugurated in various industrial cities.