Engineering News
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Egyptian automaker MCV partners with Volvo to produce, export e-buses to Europe
Egyptian Manufacturing Commercial Vehicles (MCV) company signed an agreement with Swedish auto manufacturer Volvo.
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Egypt plans to raise industrial production by 19% in FY2023/2024
The industrial sector in Egypt is divided into non-petroleum industries (80 percent), and petroleum industries (20 percent).
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Huawei Egypt, MCV Energy partners to roll out digital power solutions in Egyptian market
The deal comes within the framework of both companies’ efforts to provide accessible and cost-efficient smart and integrated power solutions.
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Cabinet announces Egypt’s power outage plan will be lifted by end of summer
Egypt’s plan to reduce electricity loads by cutting off electricity for an hour a day will be lifted by the end of the summer, the cabinet announced.
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Indorama aims to establish $700M factories in Egypt
The petroleum minister said there is a chance for partnership with Indorama, noting that the raw materials for the two factories are available.
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Declining car market in Egypt raises concerns amidst economic challenges
A tough market has seen vehicle sales in Egypt in the first half of 2023 plummet by 69.8 percent compared to the same period last year.
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Egypt Sees Opportunity to Replicate S. African Auto Industry Experience
This came during his meeting with officials of the the National Association of Automobile Manufacturers of South Africa (NAAMSA).
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Military Production min. inspects Military Production Co. for Projects, Engineering Consultancy
Military Production Company For Projects and Engineering Consultancy should be utilized in light of leap and development.
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Egypt’s engineering exports surge 10% in 7 months
Egyptian Engineering exports witnessed an increase in July 2023 compared to the same month in 2022, by 14%, reaching $331mln in July 2023.
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Egypt's GAFI approves establishing $16.2 bln industrial city in Giza
Established in 2019, GV Investments Group is based in Egypt and operates in real estate, as well as industrial and service sectors.
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Egypt govt to freeze electricity prices increase until January 2024
The Egyptian government approved on Thursday a decree to freeze any increase in electricity sale prices till January 2024.
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Egypt sets into motion plan to reduce electricity loads
The Cabinet announced, in a post on its official Facebook page, a plan to reduce electricity loads which was implemented starting 12 pm on Tuesday.
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ASRT reveals details behind manufacturing Egypt’s first electric car
Saqr explained that after nine months, the first locally-made electric car that is also an Egyptian brand will be launched in the market.
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Egypt to repay participants in tax-free car import initiative after slashing cost
They would repay participants who applied for the tax-free car import initiative and paid the full amount, after slashing costs by 70 percent in May.
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BYD says it plan to expand its business in Egypt, denying reports of market exit
BYD was founded in February 1995, and after more than 20 years of fast growth, the company established over 30 industrial parks worldwide.
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Chinese auto brand unveils new SUV models in Egypt
Jetour introduced three SUV models, namely X70Plus, X90Plus and Dashing, whose ultra-modern designs are in fantastic contrast to the ancient pyramids.
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Revving Up: Egypt's auto industry accelerates with new fund, council
Heiba announced the signing of three memorandums of understanding with some of the world's biggest automakers.
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Egypt’s power outages could extend to September in worst-case scenario
As power outages continue to plague the country, many Egyptians are turning to the Ministry of Electricity to find out more about the situation.
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Egypt’s Al Amal wants resume Lada assembly in 2024
Al Amal Auto, the local agent of Lada and BYD vehicles, is looking to resume assembly of Lada cars in early 2024.
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China-based Midea Group eyes acquiring Zanussi brand in Egypt
The Swedish group aims to sell its assets in Egypt due to the current global financial issues facing it.