Industry News
-
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.
-
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.
-
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.
-
An EV revolution is happening in Egypt
The Egyptian government actively promoting renewable energy and eco-friendly transportation solutions.
-
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.
-
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.
-
Egypt 2025 auto industry landscape: Challenges vs opportunities
The Egyptian automotive market is undergoing significant transformations due to new legislative and procedural amendments.
-
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
-
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.
-
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.
-
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.
-
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.
-
Egypt, Qatar discuss joint cooperation in industry, transport domains
They discussed cooperation between the two sides in the fields of transport and industry.
-
Raya Auto to set up USD 50 mn EV assembly plant next year
The plant will be developed in partnership with an unnamed Chinese company, with half of the project cost self-financed and bank loans.
-
Turkish ambassador highlights strong textile ties at Denim & Jeans exhibition in Egypt
The two-day exhibition brought together approximately 55 companies from 10 countries, including a notable representation of 26 Turkish companies.
-
Egypt boosts domestic short-staple cotton production in East Owainat
The project, now in its fifth year, is overseen by the Cotton Trading and Ginning Company, a subsidiary of the Holding Company for Cotton.
-
TVS Motor’s two-wheelers to be assembled locally in Egypt by Ezz LCV
The new assembly line at Giza will focus on assembling popular TVS Motor models such as the TVS Apache RTR Series, TVS HLX Series, and TVS XL 100.
-
TIGARA project holds 1st meeting to promote sustainable industrial growth in Egypt
As part of its 2024-2027 government programme, Egypt seeks to localize its industry and strengthen its industrial capabilities.
-
IDG targets EGP 3bn investments in industrial zones by 2025
The company plans to accelerate land development and infrastructure improvements in key areas such as 6th of October City, Alamein, and East Port Said