Industry News
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Egyptian consortium seal $660 mln deal to establish Alexandria Supply Chain Company
The project will be implemented with 100 percent Egyptian capital with investments reaching $660 million.
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Power cuts are set to return to Egypt starting September 15
Egyptian Minister of Electricity, Mahmoud Essmat, affirmed that the load shedding plan, which was suspended on July 20.
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English Shard Capital considers $7 bln petrochemical project in Egypt
The Ministry of Petroleum and Mineral Resources stated that the English company Shard Capital proposed building a petrochemical complex.
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6 things you need to know about Egypt's Ostwal deal
The announcement of India's Ostwal Group planning to build a $300 million fertilizer plant in Egypt has garnered significant attention.
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Revitalizing Egypt's cotton industry
Recent discussions between key government officials have underscored the urgency and strategic importance of this initiative.
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India's Ostwal Group plans to invest $300M in fertilizer plant in Egypt
Managing Director of Ostwal Group of Industries Praveen Ostwal affirmed the Group's strong interest in operating and expanding in Egypt.
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Ministers join forces to revitalise Egyptian cotton industry
The focus of the discussions was on accelerating the implementation of a national project to modernise the spinning and weaving industry.
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Fertilizer Factories Operating Regularly after Natural Gas Back up
This came during a meeting Wednesday with the ministers of agriculture, business, and petroleum to follow up on the situation of fertilizer production
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Madbouly: Electricity Subsidies to be Lifted Gradually over 4 Years
The fuel consumption bill withdrawn from the Ministry of Petroleum for power stations amounts to EGP 16 billion per month.
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Egypt to establish digital platform for industrial sector
The platform will provide comprehensive services, including an industrial map, details on investment opportunities, and administrative procedures.
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Egypt sells Eastern Company’s factory no. 9 for EGP 1.58 bln
The board of directors of the Egyptian public tobacco company Eastern Company S.A.E has approved the selling of the land, buildings.
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Egypt’s engineering exports surge 28.6% in H1 2024
Importers from Egypt include the United Kingdom, Turkey, France, Germany, Georgia, Italy, the Czech Republic, and Spain.
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Petrojet Achieves 1,620-Meter Tunnel Excavation for Fourth Metro Line
This stretch covers the distance between Hadayek Al-Shagar station and Hadayek Al-Ahram station.
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Here’s why Egypt’s electricity prices are rising
One reason is the increasing rates of loss in electricity owning to rising electricity theft.
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Popularity of Chinese-made EVs grows rapidly in Egypt
The Egyptian market is witnessing remarkable growth in the number of electric cars, with many Chinese-made EVs traveling on Egyptian roads.
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Minister of Investment inspects factories implementing sustainable processes in Alex
The Alexandria Free Zone hosts 417 projects, making it Egypt's largest and most export-orientated free zone.
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PetroleumMin follows up on implementation of phosphate fertilizer factory in Ain Sokhna
This project, valued between $400 and $500 million, aims to fortify Egypt's industrial landscape.
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Egypt's automotive market to be digitized
Founded by Engineer Amr Allam, Biddex aims to digitize the entire car buying and selling process.
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Egypt approves installation of code meters for illegal electricity connections
This measure applies regardless of the location of the facility or building.
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Cabinet Agrees to Install Smart Electric Meters for Violating Buildings
The decision of installing a code meter applies before legalizing the status of the violating building.