Industry News
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Egypt’s PM meets Samsung, stresses importance of localising advanced tech industries
Egypt is open to providing exceptional incentives, particularly those that produce large quantities with a high local component and export rates.
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Egypt's Sisi calls for establishment of US industrial zone in Suez Canal
Sisi expressed Egypt’s ambition to become "a regional industrial hub for American industries and a gateway to Arab and African markets".
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Minister of Electricity reviews national power grid stability as high-demand season approaches
Esmat highlighted the adoption of new operational patterns aimed at reducing fuel consumption while ensuring the grid can meet the heightened needs.
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GAC signs CKD production agreement in Egypt to boost local manufacturing, regional cooperation
GAC INTERNATIONAL and Abdul Latif Jameel have introduced models such as the EMKOO, EMPOW, GS3 EMZOOM, and GS4 through vehicle imports.
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Madinet Masr launches Shark Tank Business Park in Egypt's Taj City
Madinet Masr unveils Shark Tank Business Park in Taj City, blending workspaces with lifestyle amenities to foster entrepreneurship.
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Egypt to start assembling new generation electric vehicles
Egypt partners with China to locally assemble electric vehicles, aiming to boost local content from 45% to over 60% in three phases.
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Egypt’s textile sector expands with foreign investment and competitive advantages
Egypt's textile industry attracts foreign investors with low costs, tax incentives, and strategic advantages, positioning itself as a global hub.
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How Egypt became a magnet for Chinese manufacturers (video)
Below is an overview of key Chinese companies operating or planning to operate manufacturing facilities in Egypt.
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Sisi, PM discuss incentives to empower private sector
The president said maintaining the improvement in macroeconomic indicators is also important to ensure the implementation of development programs.
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Egypt's SCZone attracts $15 mn garment project, to create 2,000 jobs
The project, covering an area of over 27,000 square metres, is expected to manufacture more than 12 million ready-to-wear garments annually.
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Egypt's fertiliser producers cut output as gas supplies slashed
The cuts come as Egypt faces growing gas supply challenges ahead of the peak summer season, with the government scrambling to secure additional gas.
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Sumitomo inaugurates one of the world's largest plants for automotive "electric braids"
The Egyptian Prime Minister, mustafa madbouly, inaugurated yesterday a new plant of the company SE Wiring Systems Egypt LLC.
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GAC signs deal for localized vehicle assembly in Egypt
GAC Group has struck a deal to localize car assembly in Egypt, as Chinese carmakers target African markets.
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Sylndr raises $15.7m to digitise Egypt’s used-car sector
Sylndr operates a fully digital marketplace that connects car buyers and sellers with services such as vehicle financing and maintenance.
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Japanese car parts giant Sumitomo opens new €22 mln plant in Egypt
Prime Minister Mostafa Madbouly inaugurated a €22 million factory for car wiring systems in 10th of Ramadan City.
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Used beverage cartons recycling in Egypt
In 2024, Tetra Pak and Uniboard inaugurated the first UBC recycling production line in Egypt, with a joint investment €2.5 million aimed at recycling
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Egypt's SCZone, China's GS Global Sourcing to establish $15 mn garment factory
The new factory, spanning 27,000 square metres, will create approximately 2,000 direct job opportunities.
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Morocco Plans to Export 3,000 Vehicles to Egypt Per Year
Morocco and Egypt held earlier this month a significant Egypt-Morocco Investment and Trade Forum in Cairo in efforts to balance commerce.
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Egypt, AngloGold Ashanti to explore expansion plans in the mining sector.
AngloGold Ashanti eyes expansion in Egypt’s mining sector with government backing, focusing on the Sukari mine.
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PM Madbouly inspects BRT project during trial phase ahead of public launch
Egypt’s 35-km BRT project enters final testing, aiming to ease Cairo congestion and cut emissions with electric buses.