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Nashat Al-Daihi praises Sisi's move to stop raw material exports

Nashat Al-Daihi praises Sisi's move to stop raw material exports

The article explains that President Abdel Fattah El Sisi has halted the export of raw materials that can be manufactured domestically in order to maximize added value. The goal is to boost manufacturing and increase Egypt’s economic productivity. Media figure Neshat El-Dahi affirms that this approach aims to better utilize natural resources and reduce dependence on exporting raw materials at low prices, only to import finished products at higher costs—thus causing the country to lose a significant portion of the economic value added. The new policies aim to create more job opportunities, develop the mining sector, and benefit from the expertise of international companies to strengthen the national economy through domestic manufacturing of materials such as phosphates, gold, and copper.

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