Industry News
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Egypt ranks first for warplanes in region
Israel came fourth with 601 various warplanes, the United Arab Emirates fifth with 565, Algeria sixth with 547 and Iran seventh with 541.
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Egypt Invests 12 Billion Pounds To Enhance Electricity Distribution Network In Beheira
The Egyptian government has announced a significant investment of 12 billion pounds to bolster the electricity distribution network in Beheira.
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Egypt Plans to Invest EGP 393 Billion in Industry in FY 2023/24
The statement also revealed the projects included in the 2024/23 plan within the framework of the industrial investment stimulus program.
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Egypt's electricity sector registers steady growth, experiences surge in generation, purchases
During this period, generated electricity saw a rise of 1.4 percent, while purchased electricity from energy-producing investment projects surged.
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China completes Egypt's remote sensing satellite MisrSat 2
China Aerospace Science and Technology Corporation (CASC) has completed the assembly and testing of Egypt’s remote sensing satellite MisrSat 2.
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Egypt’s manufacturing and extractive industries index declines to 99.33, CAPMAS
The statistics agency also reported a jump of 8.11 percent in the production of transport equipment to 128.60 in April 2023 from 118.95 in March.
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Indian auto, plastics firms meet with SCZone boss Gamal El Din in Mumbai
Indian energy, industrial, and construction companies last week expressed interest in setting up projects here during meetings with SCZone.
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Egypt's electricity sector registers steady growth, experiences surge in generation, purchases
Generated electricity saw a rise of 1.4 percent, while purchased electricity from energy-producing investment projects surged by 2.7 percent.
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Top Indian manufacturers express interest in investing in Egypt
An SCZONE delegation met with executives from Sterlite Power Transmission, Jindal Steel, Platinum Industries, TCI Sanmar Chemicals and Sonalika.
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Orascom IP signs $120 mln deal with India's Flex Accipto to expand plant in SCZONE
The Egyptian giant Orascom Industrial Parks signed a $120 million deal with the Indian packaging solutions company Flex Accipto to expand its plant.
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B.TECH, Egyptian Food Bank sign cooperation protocol
To support 500 small-scale farmers and plant 10,000+ palm trees in Aswan.
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Dabaa nuclear plant project progresses according to schedule
The minister explained that the total installed capacity of renewable energy will reach about 10,000 megawatts by 2025.
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Egypt has 152 investment opportunities in industrial sector that could bridge $20bn trade deficit
There are 152 promising investment opportunities in the industrial sector that could bridge the country’s trade deficit estimated at $20bn.
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Saudi Arabia grants Egypt EGP 150 mln to support small industries
Egypt’s Micro, Small and Medium Enterprises Development Agency (MSMEDA) has signed an EGP 150 million (about $4.8 million).
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9.9 million licensed vehicles in Egypt
Cairo came at first ranked as number of vehicles reached 2.6 million vehicles by 25.8%, followed by Giza 1.3 million vehicles.
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Egypt: Arab Cotton Ginning posts profits in 9M-22/23
The recorded net profits were lower by 18% year-on-year (YoY) than EGP 31.65 million, according to the financial results.
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Egypt Post launches project to convert mail trucks to electric
Two mail trucks were converted to electric, along with a new electric vehicle, to be used in distribution services.
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Egypt, Morocco explore maximizing investment opportunities in chemical industries
Mageed explained that the Council’s strategy is to introduce a green and circular economy in Egyptian products exported to the Moroccan market.
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Delay of Egypt-Saudi power linkage caused by supply chain disruption, Ukraine crisis
The project is to link their power grids and allow the gradual exchange of up to 3,000 megawatts of electricity at a value of $1.8 billion.