Industry News
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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.
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AlexFert, United Energy seal deal for green ammonia production project
UEG and AlexFert partner to build a green ammonia plant in Alexandria using renewable energy and hydrogen, supporting Egypt’s clean energy ambitions.
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Egypt set to host Sun City, Russia’s unprecedented industrial hub
Egypt and Russia explore cooperation in nuclear energy, tourism, and Suez-based industrial zones amid rising regional tensions.
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Egypt's Oriental Weavers launches new polyester yarn dyeing unit
Oriental Weavers opens a new polyester yarn dyeing facility in 10th of Ramadan City to enhance production efficiency and sustainability.
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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.