Cairo: Supply of automotive spare parts under two contracts
Factories manufacturing in Egypt are facing a surge in steel prices, with the most recent increase by Ezz Dekheila Steel Company (Ezz Steel).
Egyptian Finance Minister Mohamed Maait mentioned the launch of a national programme for the production of environmentally friendly cars.
Sphinx Glass to introduce DFI glass coating technology in Egypt and the Mediterranean North African region.
The platform will offer a range of 75 services, both financial and non-financial, from 20 different development partners to businesses in Egypt.
The UAE’s ADNOC has reached an agreement to purchase Nassef Sawiris’ European chemical producer OCI's entire stake in Fertiglobe for $3.62 billion.
The Suez Canal Economic Zone (SCZONE) has attracted more than $1.7 billion in industrial investments since the beginning of 2023.
The Egyptian government has allocated EGP 100.7 billion in investments for the country's manufacturing industries sector during the current FY.
The ministry has full capacity to provide power for the entire country during the presidential elections, coinciding with the decline in consumption.
Rahmi’s remarks came during his attendance at the summit of African Ministers responsible for emerging enterprises in Algeria.
This agreement marks a significant step forward in Egypt’s localization of advanced manufacturing technologies in the defence industry.
This landmark agreement signifies a significant stride toward creating a blueprint for smart and sustainable communities within Egypt.
Egyptian Prime Minister Mostafa Madbouly approved permitting the Suez Canal Authority (SCA) to co-establish Suez Canal for Modern Boats.
Other investors that participated in the round include Dutch Founders Fund, Aditum Ventures, LoftyInc Capital and other local and global investors.
Egypt’s Purchasing Managers Index (PMI) for the non-oil private sector rose slightly in November to 48.4 points compared to 47.9 points in October.
The first phase of the project is expected to cost USD 500 mn and will be powered by solar and wind energy.
The broad majority of the marble + granite industry is concentrated in the Shaq El Tebaan in Maadi’s Tora area, east of the Autostrad road.
The EECE’s monthly report highlighted that engineering exports in October 2023 alone achieved a remarkable 22% growth.
The company will establish the factory through its local subsidiary KCG Textile Egypt.
The eyeliner industry might just have to thank Queen Nefertiti for turning the cosmetic into a worldwide sensation.