Cairo - Mubasher: The Ministry of Trade and Industry organised the closing ceremony of the Industrial Innovation Award 2020 in cooperation with the German Corporation for International Cooperation (GIZ) and the Federation of Egyptian Industries (FEI). 

The award is aimed at motivating companies to innovate and raising awareness about the role of innovation in boosting industrial growth, according to a statement on Tuesday. 

Four companies have obtained the award, namely Acrow Misr for Scaffolding and Formwork, Futek lighting, Power Lock, and Elaraby Company, a subsidiary company of Elaraby Group.