Industry News
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SCZone secures $125 mln deals for building 2 metal, textile factories
The project will span 35,000 square metres and is projected to generate 150 job opportunities.
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Surge In Demand For Used Cars Hits Egypt
Economic pressures push consumers toward more affordable automotive choices amid rising new car prices.
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How 1st Denimandjeans Egypt explored the future of jeanswear
The event saw the participation of various insiders and experts networking together and starting new connections and creative collaborations.
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Egypt’s top 21 real estate developers double sales to EGP 1.4trn in 2024
Egypt's real estate sector is booming, with top developers doubling their sales to EGP 1.4 tr in 2024, a milestone in the industry's growth.
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Egypt to launch country's first ultrasound device factory
Egypt prepares to launch its first ultrasound device factory, revolutionizing healthcare technology and contributing to industry development.
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Egypt to establish first petrochemical complex in New Al-Alamein
Shard Capital leads a game-changing investment to establish Egypt’s first petrochemical complex in New Alamein, marking a major industrial milestone.
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Egypt hosts GSA MENA Executive Summit at the Grand Egyptian Museum
The Grand Egyptian Museum hosts the GSA MENA Summit, spotlighting the region’s semiconductor industry potential and boosting Egypt’s tech ambitions.
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Chinese company North Petroleum allocates $100 million to acquire concessions in Egypt
North Petroleum allocates $100 million to acquire oil and gas concessions in Egypt, marking a significant investment in the country’s energy sector.
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Egypt, Germany hold discussions on water management
Egypt and Germany engage in talks to enhance water management strategies, focusing on sustainability and efficient resource utilization.
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An EV revolution is happening in Egypt
The Egyptian government actively promoting renewable energy and eco-friendly transportation solutions.
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Methanex Egypt, petroleum ministry sign MoU to boost process safety management in oil, gas, petrochemical sectors
Karim Badawi, minister of petroleum and mineral resources, and key oil and gas industry representatives witnessed the signing.
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Dubizzle acquires Egypt's online car marketplace Hatla2ee
Established in 2016, Hatla2ee has become a go-to platform for Egyptians looking to buy and sell new and used cars.
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Egypt 2025 auto industry landscape: Challenges vs opportunities
The Egyptian automotive market is undergoing significant transformations due to new legislative and procedural amendments.
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Localising Egyptian industry, expanding market share, key targets for Industrial Development Bank in 2025
The Industrial Development Bank sets its sights on localizing Egyptian industries and boosting market share to support national economic growth in '25
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SCZONE expands industrial growth with 2 new textile projects in Sokhna
Additionally, the Legend project was signed, covering 1,150 square meters with a $1 million investment.
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Egypt’s Clothing Exports Surge to $2.526 Billion in 2024
By October 2024, ready-made garment exports amounted to $2.292 billion, up from $1.95 billion in the same period of 2023.
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China can play major role in Egypt's 2024-2030 industrial strategy
Many prominent Chinese companies operating in Egypt are adding great value to the Egyptian economy.
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US to modernize Egypt’s Ezzat-class Ambassador IV fast attack craft
The Ezzat-class Ambassador IV fast attack craft is a missile boat used by the Egyptian Navy to patrol, and protect Red Sea and Suez Canal.
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Egypt, Qatar discuss joint cooperation in industry, transport domains
They discussed cooperation between the two sides in the fields of transport and industry.