Industry News
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Sisi directs officials to develop public business sector assets
He underlined the importance of ensuring the best management of assets to protect public funds and state-owned lands.
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Egypt’s shift to green economy in FY 2021/22 is ‘priority’
The plan also addresses the issue of the transition to a green economy with a focus on environmental improvement initiatives, El-Said added.
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Job Offer: Packaging development executive
Bachelor degree (chemistry, mechanical engineering) or any relevant degree from a reputable university. Minimum 3-5 years of experience.
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Egypt to test producing electric cars
State owned Nasr and Chinese Dongfeng signed an agreement in January 2021; first cars to be ready mid-2022 with 3000 charging units across Egypt.
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Egypt’s Al-Sisi, Hyundai Rotem CEO discuss localising train industry
Yong-Bae Lee expressed his company’s intention to benefit from promising investment opportunities in Egyptian economy.
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Job Offer: Senior Electrical Design Engineer
A Minimum of a Bachelor’s Degree in Electrical Engineering and 3-5 years of professional experience working in a related position are required.
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Egypt, Hyundai to discuss car replacement initiative amid component shortages
Global producers such as GM, Ford, and Stellantis have witnessed production cuts due to shortages of semiconductor chips
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Old doors turn into booming business in Egypt
Antiques dealers in Egypt are rushing to recover the old doors of buildings that are being demolished as part of an urban development plan.
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Egypt aims to establish new company to market, sell Spinning, Weaving products
The plan is also to open sales outlets for products at home and abroad, which will be wholly owned by the holding company.
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Suez Canal blocked by traffic jam after massive container ship runs aground
The 224,000-ton vessel, sailing under a Panama flag, was en route to the port of Rotterdam in the Netherlands when it was knocked off course.
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Job Offer: MEP Head of Operations
At least 10 years of experience in Total facility management are required.
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Egypt's president urges boosting local industry
Egypt’s President Abdel Fattah El-Sisi on Saturday urged boosting local industry and localizing technology to meet the needs of the local market.
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Egypt 10 power businesswomen 2021
Who are the 10 women who made it to the top of the business scene in Egypt according to Forbes?
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World Bank approves $440 million for enhancing Egypt’s railways
The Railway Improvement and Safety for Egypt project will cost $681.1 million, including $241.1 million contributed by the Egyptian National Railways.
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Egypt’s ministry of industry halts ceramics imports to boost local productivity
The decision aims to preserve the productivity rates of the Egyptian industry from any potential repercussions.
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Egypt, Nigeria agree to exchange information on mineral extraction
Egypt had invited tenders for a gold mining opportunity and is currently examines 11 offers by local and international companies.
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Egypt plans to establish its first multiple unit train factory
The factory is expected to be managed by the ERMAS in partnership with the private sector, the Suez Canal Authority and international partners.
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Electricity Holding targets investments of LE32.4B in 20/21
The Egyptian Electricity Holding Company targets investments of LE 32.4 billion during next fiscal year 2020/2021, according Company’s Chairman.
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Egypt Maintaining production in the crisis
Preserving Egypt’s industrial production and exports is a top priority during the Covid-19 crisis, according to experts at a recent seminar.
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Egypt lowers fuel prices
The drop is considered “slight” in comparison to the global decline on the backdrop of the Corona pandemic.