Unlicensed factories have one year to comply with Industrial Permits Act

Trade and Industry Minister Tarek Kabil issued new directives last week that will allow unlicensed factories to receive temporary industrial permits, permitting them to operate legally for a year while they restructure their affairs to comply with the new Industrial Permits Act, Al Borsa reports. Separately, Kabil also issued new, tighter regulations for the inspection of imported spare parts and raw materials used in production, the newspaper adds.