Arab FinanceL'azurde Misr Jewelry Company announced that it intends to launch a new production line during the next year, and also aims to increase its production by between 10-15% annually, in order to return to exporting its products again to the Gulf countries and North Africa by the end of 2025, after stopping about 4 years. years; It seeks to export about 1.2 tons of gold annually, according to the Eastern Economy.
The exhibition will include distinguished programs and events, most notably the International Buyers Program, which hosts 166 participants from 19 countries to enhance trade cooperation and increase exports, the jewelry design competition, which witnessed wide participation this year from Egypt and 13 other countries, and an art exhibition entitled “Jewellery as a Reflection of Egyptian Identity Throughout History – The Epoch.” Pharaonic.”
During the opening, the Minister of Supply expressed his happiness at holding the “Nebio” 2024 exhibition, noting that this event embodies the fruitful cooperation between the state and the private sector, and reflects Egypt’s vision to be a global center for the gold and jewelry industry. The Minister also stressed that this exhibition reflects the ancient cultural heritage of Egypt in This field represents a real opportunity to strengthen national industries and increase their competitiveness in global markets.
The minister added that the Ministry of Supply is working to provide all necessary support to exhibitors and participants by facilitating procedures and providing a supportive environment that makes the most of this event, stressing that the gold and jewelry sector is one of the important economic pillars that contribute to achieving sustainable development and increasing Egyptian exports.
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