Industry News
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Egypt Aims to Secure Affordable Electric Cars
Egypt is poised for the production of key components such as motors and batteries, and eventually for full-scale vehicle production.
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A look into Egypt’s local router manufacturing industry
ITIDA signed contracts with Telecom Egypt and three private companies to design and develop locally made high-speed internet routers last March.
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Saudi Arabia will supply power to Egypt
Testing is scheduled to begin in April and work is expected to be completed by mid-2025.
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EVs Electrify Egypt Summit kicks off with extensive Governmental and International participation
The summit represents an ideal platform for leading companies to explore investment opportunities in this sector.
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Egyptian auto sales in August up 25% YoY
Egyptian International Motors plans to invest some $100 million in its vehicle manufacturing business.
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Egypt: B.TECH targets $391mln sales in 2024
The company aims to increase its installment portfolio to $164mln by the end of 2024.
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Egyptian Min., Jordanian Amb. talk ways to enhance investment in electricity field
They discussed cooperation in electricity, electrical interconnection, new and renewable energy, and the development and modernization of networks.
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Intelligent cities exhibition & conference kicks off 30 October in Cairo
ICEC is the ideal platform for global industry leaders to deliver sustainable intelligent cities for the future generations.
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Why Egypt is the next destination for denim insiders
The denim industry has a new must-go destination where everyone can find solutions for denim fabric and garment manufacturing.
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Egypt's Private Sector Faces Contraction As Costs Rise Again
Egypt's Purchasing Managers' Index (PMI) sank to 48.8 in September, slipping under the neutral 50 mark and underscoring new hurdles for the sector.
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5 key facts about the Robeiki City expansion project
This project is set to create 3,000 jobs, diversify Egypt’s manufacturing capabilities, and increase the country’s export potential.
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Egyptian Cabinet approves new investments in Flax Production, Potassium Sulfate Plant
The Egyptian Cabinet has greenlit a proposal to establish a private free zone named Kingdom for Flax, with an estimated investment of $60 million.
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New measures to support Egypt’s industry, exports
The group also recommended forming a committee to review the export support programme and establish new eligibility criteria.
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Egypt collaborates with China to produce optical fiber
One of the agreements was signed with Huawei to expand an existing outsourcing center, which currently employs 800 specialists.
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FM urges South Korea to set up industrial area in SCZONE
This came during a meeting he had Friday 27/9/2024 with South Korean Foreign Minister Cho Tae-yul.
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AllSaints opens first African store in Egypt
AllSaints has opened a standalone store at Cairo’s Mall of Arabia in Egypt, which marks its first physical location in Africa as the brand expands.
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The Velaro High-Speed Train for Egypt
In total, 41 Velaro high-speed trains will be produced for Egypt’s new railway system to travel at speeds of up to 250 km/h.
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Egypt engineering exports: Breaking barriers, setting records
Egypt is recognized for sectors like agriculture, textiles, and natural resources, but the engineering sector’s growth indicates a critical shift.
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Haier Group Commences Construction of Phase 2 for Its Production Complex in Egypt
The new phase is expected to generate around 1,000 new jobs in the supply chain, building on the first phase’s success.
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SCZONE chair explores collaboration with Turkish companies in garment manufacturing
The delegation included managers from companies such as Slazenger, FM Tekstil, Canlioglu, Groppa, and LeFaxx.