Industry News
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Egypt proposes $540 million worth of petrochemical plants to the UAE
The projects included establishing a factory to produce bio-ethanol from molasses, the output of which would reach 100,000 tons of molasses annually.
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Egypt planning $540 million petchem projects with UAE
Egypt has proposed three petrochemical projects to the UAE for a total investment of $540m, according to a senior official at Ministry of Petroleum.
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Saudi-Egypt power project tender suffers delay
The tender, planned to be released at the beginning of the year, has suffered delays as further preliminary studies are carried out on the project.
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Gas shortage puts brake on several petchem projects in Egypt
The country is suffering from a shortage in gas supplies, which has affected completion of some petrochemical projects.
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Egypt's Elsewedy wins state tender for wind farms
The government has said it would cut its huge energy subsidies programme and support renewables in the fiscal year that started this week.
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Lantern prices increase 20%, Chinese products infiltrate market
Ramadan lantern prices increased this Ramadan over last year due to a price increase in raw materials and exchange rate.
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Egypt's government to raise electricity and petrol prices next month: Minister
State to raise prices of all petroleum products and electricity in order to reduce budget deficit to 10 percent of GDP by 2015.
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Egyptian automotive corp to exclusively manufacture Russia Lada Granta
Al-Amal is expected to be the sole manufacturer and assembler of Lada Granta in the Middle East and Africa once it starts production in Q4/2014.
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Egypt seeks more cotton imports from African countries
Exports have dropped to 17,028 tonnes since the beginning of the marketing season of the cash crop in September 2013, a drop of 45.3 percent.
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Industry Minister: Improving national economy high priority
The ministry will work on creating the appropriate climate to lure local and foreign investments, according to Abdel Nour.
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Mercedes-Benz launches the all new C-Class in Egypt
The new Mercedes-Benz C-Class is set to establish new standards in the premium medium-size category.
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Super-Max mulls units in Brazil, Egypt, S-E Asia
The world’s second largest maker of razor blades is planning to expand its global reach by setting up manufacturing facilities in Egypt among others.
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Egypt's licensed vehicles rise to 7 million in 2013: CAPMAS
Nearly 10 percent rise in vehicles nationwide last year, with passenger cars ahead in terms of number.
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What cars do Egyptians buy?
Crowded streets tend to convey that Egyptians actively buy cars - but which brands are most popular?
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GIZA National Automotive opens Egypt's largest Sales & Service Center
GNA Mercedes-Benz opens Egypt's largest 3S facility for Sales, Service and Spare Parts.
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EBRD allocates 1 million euros to support Egyptian furniture industry
The bank’s program was implemented in 2013 through a training course in Hurghada in cooperation with the German University in Cairo.
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On Egypt's Annual Power and Electricity Summit
Egypt’s Minister of Electricity and Energy supports the 2nd Annual Egypt Power and Electricity Summit in January 2014.
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Dear Retailers, Egyptians love loyalty programs
Even though loyalty programs have not reached their hype in Egypt yet, the majority is more likely to shop at retailers that offer such incentives.
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Egypt's Industrial Real Estate
Missed the 9th Money and Finance Conference? Download all you need to know about Egypt’s industrial real estate challenges and opportunities.
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EU and Egypt Trade: Stats and facts
This report offers a summary of the latest numbers and trends in trade between the European Union and Egypt.