Industry News
-
Erdogan Gifts President Sisi a Turkish Electric Car
The gesture took place during Erdogan's current official visit to Egypt for the second meeting of the High-Level Strategic Cooperation Council.
-
EBRD invested record €1.3 bln in Egypt across 26 projects in 2025
Seventy percent of the EBRD’s investment in Egypt went to the private sector, while 60 percent was directed to green finance projects.
-
Egypt vehicle sales jump 23% above 2025 average in December
Total vehicle sales for the full year reached 173,763 units in 2025, up 69.9 percent YoY from 102,249 units in 2024
-
More Chinese players make a home out of SCZone
The Sokhna Industrial Zone with USD 156 mn-worth of new projects kicking off operations, the majority of which came from Chinese players.
-
Egypt achieved unprecedented leap in localizing food industries
Egypt advances food industry localization to cut imports, boost exports, and attract investment into agro-processing and food manufacturing.
-
Oman, Egypt discuss defence cooperation
Egypt and Oman explore defense cooperation, strengthening strategic ties with indirect implications for manufacturing and security services.
-
U.S. Opportunities, Chinese Factories and Egypt’s Textile Future
At the bustling Heimtextil fair in Frankfurt, Egypt was clearly on the radar. Buyers from across the globe were stopping by Egyptian booths.
-
Egypt, Polar Hydro ink major deal for solid waste management and treatment project in Giza
The 714-acre facility will treat waste from districts and villages in Giza that could reach at least 5,000 tons per day.
-
Technip Energies and two Egyptian firms laying the groundwork to set up new player
Enppi and Petrojet, are to execute major projects and export engineering and contracting services.
-
Egypt cuts trade deficit as non-oil exports rise 17%
The largest markets for Egyptian non-oil exports included the UAE, Turkey, Saudi Arabia, Italy and the US.
-
Vaiu, Volta to finance locally manufactured neighborhood EVs in Egypt
Compared to conventional golf carts, Volta includes additional safety and functional features aimed at daily use within residential areas.
-
Parliament committee initially approves bill amending electricity law
The proposed amendments include stricter penalties for employees who commit crimes related to the improper connection of electricity.
-
Admaius scores quick exit as PE deal flow picks up, selling Parkville to Adenia Partners
Admaius Managing Partner Marlon Chigwende noted that “the USD returns to our investors are very attractive.”
-
Egypt plans $10B automotive & industrial steel complex with Chinese partner
The project will produce 10 million tons of automotive and industrial steel annually on a 10 million m² site.
-
10 years on, Suez flagship project becomes model for Global South partnership
China-Egypt TEDA Suez zone celebrates 10-year milestone hosting 200 companies, $3.8bn investment, 10,000 jobs, expanding additional 2.86 sq km.
-
China’s Xingfa Group to implement $2bln phosphate project in Egypt
China's Xingfa plans a $2B phosphate complex in Egypt's Golden Triangle, the firm's largest overseas project, targeting fertilizer production.
-
Investment min. discusses expansion of Saint-Gobain’s investments in Egypt at Davos
Saint-Gobain plans a second flat glass line in Egypt, investing in solar energy for 100% sustainable electricity at manufacturing sites.
-
Get to know key Turkish projects in SCZone
Taken together, Turkish investments in SCZone span textiles, packaging, recycling, and logistics, creating a tightly linked industrial ecosystem.
-
Egypt’s textile sector gains global momentum
From DNA-tested cotton to nearshoring wins, Egypt’s textile sector is leveraging compliance, logistics, and state-led modernization to scale.
-
Hong Kong’s Crystal commits USD 350 mn in one of the largest FDI in Egypt’s textile sector
The project, which will operate under a private freezone status, marks one of the largest foreign direct investments in Egypt’s textile sector.