Industry News
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Egypt Selected as Headquarters for African Space Agency
Egypt inaugurates the African Space Agency HQ, boosting its leadership in the continent’s space and tech sectors.
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China’s J-10C “Losing” To FA-50 Fighters For Egypt Deal?
Egypt nears a deal for 100 FA-50 aircraft with tech transfer and local assembly, boosting defense manufacturing.
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Egypt Launches First Domestically-Built Tugs for Suez Canal
Egypt introduces two home-built tugboats for the Suez Canal, boosting shipbuilding capabilities and maritime logistics.
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PM underlines importance of forging ahead with efforts to develop Egypt’s textile industry
The goal is to maximize the country’s inherent potential in textile production, thereby boosting the national economy.
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Egypt & China sign Red Sea Petrochemicals design contracts
Egypt signed contracts with a joint Egyptian-Chinese venture for phase one design of the Red Sea Petrochemicals Complex in Ain Sokhna.
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AngloGold Ashanti Expands Investment in Egypt with New Gold Exploration Deal
AngloGold expands operations with a new Eastern Desert gold exploration agreement, signaling growing investor interest in Egypt’s mining sector.
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Egypt Signs EGP 15 Billion Agreement to Build Alexandria Metro Trains
Egypt and NERIC partner on a 15 billion EGP project to locally build Alexandria Metro trains, bolstering infrastructure and manufacturing.
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Prime Minister and Minister of Industry inspect Egyptian Swiss Group's food manufacturing complex
Egyptian Swiss Group eyes $10M expansion in 10th of Ramadan City to boost exports and food production capacity.
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U.S. and Egypt Sign $235 Million Contracts to Modernize railway infrastructure
The U.S. and Egypt ink $235M railway deals to upgrade infrastructure, enhance efficiency, and deepen bilateral economic cooperation.
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Egypt plans to establish two integrated textile cities
Egypt will build two textile hubs, attract $3.5B in investment, create 400K jobs, and boost Upper Egypt’s industrial landscape.
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Steel And Cement Prices Drop In Egypt Amid Market Changes
Ezz Steel cuts rebar prices, lowering construction costs and offering a potential boost to Egypt’s real estate and development sectors.
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Egypt Targets 10 mln Ton Wheat Harvest
Egypt aims for 10M tons of wheat in 2025, up from 9M, through expanded land use and crop yield improvements to reduce import reliance.
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French fashion house Jacquemus shoots campaign in Egypt
In recent years, Egypt has become a popular spot for top fashion houses to reveal new collections.
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Alstom to Build Two New Plants for Train and Component Production in Egypt
Alstom is investing in two plants in Egypt to produce trains and components. This is reported by the railway transport news portal Railway Supply.
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Türkiye experienced the biggest increase in textile exports in Egypt
In March 2025, the industry reached an export figure of 1 billion USD with a 1.8 percent increase.
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China’s Befar Group breaks ground on $500mln chlor-alkali project in Egypt
The project is located within TEDA-Egypt's industrial park within Sokhna Industrial Zone.
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Egypt's Dr. Greiche Group invests $10 million in automotive glass plant
Egypt-based Dr. Greiche Group will invest EGP 500 million (around $10 million) in a new automotive glass production complex, the company said.
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Egypt launches EGP 30 bln fund to boost local manufacturing
Egypt’s Ministry of Industry and Transport has launched the first phase of a major funding initiative to support the country’s priority industries.
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Egypt’s Minya, Fayoum are getting new textile industrial zones that could bring in USD 3 bn in investment
Egypt plans new textile hubs in Minya and Fayoum worth $3B, creating 150,000 jobs and boosting exports through integrated industrial zones.
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Mohamed ElAraby Appointed as L’Oréal Egypt Managing Director
Mohamed ElAraby becomes L’Oréal Egypt’s first Egyptian MD, bringing global experience to lead brand growth and market innovation.