Industry News
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Egypt Expands Textile Industry with $10M New Chinese Investment in SCZone
Egypt expands its textile industry with a $10 mi investment from Jiangsu Guotai, establishing a new garment factory in SCZone and creating 2,000 jobs.
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Government partnership transforms agricultural waste into sustainable feed, fertilizer
A government partnership in Egypt transforms agricultural waste into sustainable feed and fertilizer, promoting environmental sustainability.
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Egypt's Industry Ministry launches mobile app to support investors
The new application aims to handle complaints and inquiries from investors in an easy-to-use manner.
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Egypt’s Chemical Industry Plans for Expansion
The sector encompasses a diverse range of subfields, including plastics, rubber, paper, detergents, paints, chemicals, fertilizers, and glass.
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Beko announces official launch of Hitachi brand in Egyptian market
Consumers in Egypt can look forward to a seamless blend of advanced technology, elegant design, and unmatched reliability
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Egypt’s engineering exports record $526.2 million in January 2025
The cables sector led the way with a 72.8 percent increase in exports, followed by electrical appliances, which saw a 64.9 percent rise.
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Organi Group, Garhy Group forge strategic industrial partnership
ODI will acquire 26.25% of the Misr National Steel Company, Ataqa, after completing due diligence and obtaining approvals from regulatory bodies.
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The story behind the Turkish investments flooding Egyptian industry
Turkish investors have been eyeing Egyptian industry with increased enthusiasm, with plans to inject USD 5 bn into Egypt over the next two years.
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Elsewedy Electric is setting up USD 500 mn subsea cable factory — the region’s first
Elsewedy Electric to establish the region's first USD 500M subsea cable factory, with all output set for export.
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Egypt allocates EGP 1 bln to boost local automotive industry
The initiative aims to boost local car production substantially and attract international investment into Egypt’s automotive sector.
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Unveil A New Standard of Curated Furnishings through ‘Dream Space’
It offers designer-curated home packages that take the guesswork out of furnishing, with flexible financing and transparent pricing.
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Egypt’s car market hit by overpricing
Car prices are subject to supply and demand, and in some cars the value of the added increase ranges between LE10,000-30,000.
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Egypt to build EUR 1 bn tire factory
Rolling Plus Chemical Industries has signed a contract to establish a EUR 1 bn (c USD 1.1 bn) tire factory in the Ain Sokhna industrial zone.
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Daikin expands presence in Egypt with new headquarters
Daikin is expanding its operations in Egypt by opening a new headquarters in New Cairo.
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SCZone Secures $28 Million in New Textile Investments for Qantara West
The SCZone has secured $28 million in textile investments for Qantara, strengthening Egypt's position as a key player in global manufacturing.
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Allianz Life Assurance Egypt won the "Best Life Insurance Company – Egypt 2024" award
Allianz Life Assurance Egypt won the “Best Life Insurance Company Egypt 2024” award, celebrating its exceptional service and financial strength.
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Ezz Elsewedy Automotive Factories launches $50mln Proton car assembly plant in Egypt
Ezz-Elsewedy Automotive has launched a $50 million Proton car assembly plant in Egypt, advancing local manufacturing.
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Maersk explores ship recycling in Egypt
Maersk examines the potential of ship recycling in Egypt, marking a new chapter for the nation's growing maritime industry and sustainability efforts.
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Can Egypt’s industry really reshape its economy by 2030?
The next five years will be crucial in determining whether this industrial vision can become a reality.
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Zeekr enters Egypt as it expands into African auto market
The Zeekr 001, Zeekr's first model, was initially launched in April 2021 and currently has a starting price of RMB 259,000 ($35,510) in China.