Industry News
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Egypt looks to China for cash injection to lift textiles industry
Egypt’s textiles sector is a core component of its economy and a major hard currency earner.
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Supply of 3 rubberised inflatable rescue boats
Sharkiya: Supply of 3 4.5m rubberised inflatable rescue boats
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Oriental Weavers enhances production capacity with new polyester yarn dyeing unit
With total investments of EGP 50 million, this unit aligns with the company’s ongoing efforts to improve production efficiency.
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25 Chinese textile companies explore partnership opportunities in Egypt
Minister of Public Business Sector Mohamed Shimy held talks with a high-level Chinese business delegation to explore partnership opportunities.
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Egypt inaugurates 2 major Chinese, Turkish industrial projects in Ain Sokna
PM Madbouly inaugurated the Chinese Xinxing ductile iron pipe factory, which includes $150 million in investments.
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Automotive market continues to recover, reports modest growth in March
This marks a modest increase from February’s 10,600 units and signals a continuation of the sector’s recovery that began after a steep January decline
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Egypt to import 13,000 cars from Morocco: What does it mean for local industry?
Morocco has announced plans to export 13,000 vehicles to the Egyptian market over the next two years.
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Greece and Egypt reaffirm plans for 1,000-kilometre undersea power cable
Greece and Egypt have reaffirmed their commitment to a proposed undersea electricity connection designed to transport renewable energy.
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Morocco Plans To Export 13,000 Cars To Egypt
Several major car manufacturers operate in Morocco, including Renault and Stellantis (Peugeot, Citroën, Opel).
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Chevron Joins Pivot to Egypt’s Mediterranean Shelf After Red Sea Exit
Chevron exits Red Sea blocks, redirecting investments to Egypt's Mediterranean gas fields to capitalize on LNG export potential.
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Egypt seeks to resume Iraqi oil imports in Q3
Egypt plans to restart 12M barrels/year of Basra crude imports from Iraq after an 18-month halt due to payment issues.
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Shell Explores BP Acquisition, reports strong Q1 results
Shell eyes BP in a potential mega-acquisition while reporting a 28% drop in Q1 profits to $5.58B — still beating expectations.
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Value Developments launches 50,000 sqm Value Medical City in East Cairo
A 50,000 sqm medical hub is coming to East Cairo by 2028, offering integrated healthcare services and infrastructure.
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Fine Hygienic Holding’s Egypt subsidiary awarded EcoVadis commitment badge for sustainability excellence
Fine Hygienic Holding’s Egypt unit awarded EcoVadis badge for sustainability excellence across its operations.
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Egypt, Japan Partner to Build EGP 1.4 Bln Blood Bag Factory in SCZone
Egypt and Japan launch a joint EGP 1.4B blood bag plant in SCZone to localize healthcare supply and expand exports.
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Egypt greenlights new oil exploration deals with Russia’s Lukoil
Egypt approves two oil exploration agreements with Russia’s Lukoil in the Eastern Desert’s Wadi El-Sahl region.
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Egypt is building smart cities for a digital future
Egypt scales up digital infrastructure and smart city tech, boosting demand across education, real estate, and entertainment sectors.
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Egypt Selected as Headquarters for African Space Agency
Egypt inaugurates the African Space Agency HQ, boosting its leadership in the continent’s space and tech sectors.
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China’s J-10C “Losing” To FA-50 Fighters For Egypt Deal?
Egypt nears a deal for 100 FA-50 aircraft with tech transfer and local assembly, boosting defense manufacturing.
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Egypt Launches First Domestically-Built Tugs for Suez Canal
Egypt introduces two home-built tugboats for the Suez Canal, boosting shipbuilding capabilities and maritime logistics.