Engineering News
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Beko Egypt on track to open $100mln home appliances factory in Egypt in Q4
Günel outlined Beko Egypt's ambitious plans to deepen localisation and make Egypt a global export hub for household appliances.
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Turkish Vestel, Zorlu to establish home appliances factory in Egypt with $70 mln
The project is by Turkish companies Vestel, a home and professional appliance manufacturer, and Zorlu, a multinational holding company.
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Saudi cabinet approves MoU with Egypt in electricity, renewable energy spheres
The Saudi Cabinet agreed on a (MoU) between Saudi Arabia and Egypt to cooperate in the spheres of electricity, renewable energy and clean hydrogen.
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IDSC: Egypt Witnesses Boom in Electronic and High-Tech Industries
Between 2016 and 2021, Egypt saw a significant increase of 460% in the proportion of technological goods exports to total industrial exports.
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Mienta inks $5mln deal to build its third factory in Egypt
This comes under the land allocation contract signed between Mienta and Elsewedy Industrial Development, a subsidiary of Elsewedy Electric.
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Al Amal to temporarily shutter BYD assembly plant in Egypt on FX shortage
Al Amal Auto will temporarily suspend operations at its BYD assembly plant within weeks.
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General Motor Egypt eyes future expansion in local market
The ministry is keen to enhance cooperation with international companies, especially General Motors due to its great experience in the Egyptian market
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Presidential initiative to replace obsolete vehicles: Egypt
The state’s general treasury bore EGP 675m as the value of the green incentive for 27,225 new natural gas-powered vehicles.
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Japan's Yazaki to build $33.3 mln auto parts factory in Egypt
Yazaki, a Japanese car parts supplier, has signed an agreement with the Governor of Fayoum to allocate land for a new factory.
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Egypt’s electricity company warns to avoid elevators at specific times
The load reduction program is implemented according to the capabilities required of each control.
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Japanese Torishima to build $5 mln pump factory in Egypt's SCZone
Japanese manufacturer Torishima is set to build a pump production centre in Egypt's Suez Canal Economic Zone (SCZone).
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Sweden's Electrolux Group to sell brands, factories in Egypt
Swedish multinational appliances company Electrolux Group will sell $976.46 million worth of brands and factories in Egypt and South Africa.
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Madbouli: Reducing Electricity Loads "Temporary" amid Severe Heat Wave
PM stressed the importance of continuing to implement the various measures that would contribute to the rationalization of electricity consumption.
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5 things to know about Egypt's exports in electrical industries
Electrical industry exports achieved an increase of 47.5% in the first 5 months of 2023.
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Egypt looks to boost electrical industry exports by no less than 15% by 2024
Egypt’s electrical industry sector’s exports surged by 47.5 percent, to record around $158 million during the first 5 months of 2023.
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Egypt targets to raise size of industrial production to LE4.3T in FY2023/24
Egypt targets to raise the size of industrial production by 19 percent from LE3.6 trillion in FY2022/23 to LE4.3 trillion in FY2023/24.
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Belarus, Egypt discuss cooperation in manufacturing sector
On behalf of Belarus, the meeting was attended by Deputy Industry Minister Dmitry Kharitonchik, on behalf of Egypt.
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French manufacturer Alstom announces EUR 300M to be invested in Egypt over the next 3 years
The two factories are said to produce electric and signaling systems and manufacturing parts for metro, highway rails, monorails, and railways.
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Egypt plans to reduce electricity network loss to 16.83% in FY23/24
The network loss is expected to reach 18.21% for the fiscal year 2022/2023, while the actual loss rate of the FY 2021/2022 was 22.188 percent.
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Egypt’s cabinet approves France’s Alstom proposal to establish industrial complex
The cabinet will then study the requirements and incentives presented by Alstom, a multinational rolling stock manufacturer, to go ahead.