Engineering News
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Egypt: Elsewedy Electric’s consolidated profits hike 161% YoY in 9 months
The company also generated consolidated revenues of EGP 108.804 billion from January through September this year.
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Schneider Electric expands investments in Egypt with €8 mln in 2023
French energy technology company Schneider Electric announced it will increase its investments in Egypt by €8 million throughout 2023.
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Turkish Tumosan to open tractor factory in Egypt
Turkey's Tumosan company is poised to build a factory dedicated to manufacturing agricultural tractors in Egypt, read a cabinet statement on Tuesday.
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Sisecam completes Egyptian glassware investment
This investment boosted the company's glassware production capacity in the country to 35,000 tons per year.
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Egypt, Mitsubishi expand cooperation to upgrade two power plants
Egypt has signed an agreement with the Japanese Mitsubishi Power Company to develop the Sidi Krir and El-Atf power plants.
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Oraimo launches first locally made smartwatch, earphones in Egypt
Oraimo, Africa's leading TWS and Power bank brand, inaugurates its first production line in Egypt.
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Egypt plans 2-GW pumped storage power project
Egypt is setting sights on a major energy project, planning to construct a 2-Gw pumped-hydro power plant, in cooperation with China Energy. A feasibility study for the project has already been signed.
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Egypt approves electricity export project MoU with Belgium’s Jan De Nul and EETC
The Egyptian government approves an MoU with EETC and Belgium's Jan De Nul to start a project exporting renewable energy to Europe via a sea line.
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The GREGY initiative: 10 facts about Egypt-Greece electrical interconnection
The Egypt-Greece Electrical Interconnection project, dubbed GREGY, is an innovative solution for Europe's energy crisis, and a new endeavor for Egypt.
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Xingxing to Build Two $1.08B Factories in the SCZONE
Xinxing Cathay International Group unveils plans to invest $1.08 billion in constructing two factories in the Suez Canal Economic Zone (SCZone).
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Intro, Siemens to build 300 MW CHP power plants in Egypt and Middle East
Intro Sustainable Resources has inked a cooperation protocol with Siemens Energy to establish a complex of highly efficient combined heat and power.
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EBRD to provide Egypt with €165 loan to develop electricity grid
The European Bank for Reconstruction and Development (EBRD) is to grant a €165 million loan to Egypt to finance the upgrade of the electricity grid.
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Amid rising demand, what are the challenges facing the elevator industry in Egypt?
The elevator industry — a niche but critical sector — has been under pressure because of the FX shortage and import restrictions
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Private sector to sell electricity before end of 2023
The private sector in Egypt will commence the sale of electrical power before the end of 2023, as confirmed by the Minister of Electricity, Mohamed Shaker.
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From Vision to Reality: Egypt's booming electronics sector sees 7 Key projects
Egypt's Ministry of Communications and Information Technology has unveiled several initiatives, including seven key projects, investing EGP 643 million to strengthen its electronics manufacturing sector.
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Up to 17 million Egyptians receive electricity for less than a quarter of its price: President Sisi
President Abdel Fattah al-Sisi stated 17 million Egyptians receive electricity at significantly subsidized rates.
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Egypt to save $3.5 bln annually from power cuts: El-Sisi
Egypt could save EGP 108 billion ($3.49 billion) annually through the daily power-cut plan that commenced in July, President Abdel-Fattah El-Sisi said
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Load reduction measures will continue indefinitely, Egypt's Electricity Ministry confirms
Egypt's Electricity Ministry reveals indefinite continuation of load reduction measures. No set date for ending the outages.
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Beni Suef power station to be sold to foreign investor
According to informed sources, the final buyer of the station will have to pay off the loans of international creditors, which amount to nearly $2.25b
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Egypt constructing new mega electrical industries complex in Alexandria
The new complex, which will be producing parts for bus manufacturing in Egypt, is expected to create 600 new jobs, added Samir.