Industry News
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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.
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SCZone secures $125 mln deals for building 2 metal, textile factories
The project will span 35,000 square metres and is projected to generate 150 job opportunities.
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Surge In Demand For Used Cars Hits Egypt
Economic pressures push consumers toward more affordable automotive choices amid rising new car prices.
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How 1st Denimandjeans Egypt explored the future of jeanswear
The event saw the participation of various insiders and experts networking together and starting new connections and creative collaborations.
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Egypt’s top 21 real estate developers double sales to EGP 1.4trn in 2024
Egypt's real estate sector is booming, with top developers doubling their sales to EGP 1.4 tr in 2024, a milestone in the industry's growth.
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Egypt to launch country's first ultrasound device factory
Egypt prepares to launch its first ultrasound device factory, revolutionizing healthcare technology and contributing to industry development.
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Egypt to establish first petrochemical complex in New Al-Alamein
Shard Capital leads a game-changing investment to establish Egypt’s first petrochemical complex in New Alamein, marking a major industrial milestone.
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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.
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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.
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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.
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An EV revolution is happening in Egypt
The Egyptian government actively promoting renewable energy and eco-friendly transportation solutions.
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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.
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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.