Industry News
-
Egypt's El-Sewedy Electric posts Q2 net profit of $68.63 mln
The company reported revenue of 7.1 billion pounds, against 4.2 billion pounds in the same period last year.
-
Egypt reconsiders peaceful nuclear programme
Following finalizing the phases and negotiations on the coming nuclear program, NPPA will work on recruiting experts and advisers for the program.
-
Egypt's power choices appease public, squeeze industry
Production will continue suffering unless the government starts diverting some of the gas supplied to electricity plants powering homes to factories.
-
Hyundai exports "Made in Russia" cars to Egypt, Lebanon
Hyundai Motors ' factory in St. Petersburg has started production of cars to be exported to the Egyptian and Lebanese markets.
-
Heat wave ignites tyre market
Traders exploit heat wave currently affecting Egypt to raise tyre prices.
-
JW Marriott becomes Egypt's first power saving hotel
The hotel cooperated with the Ministry of Electricity and Power to install LED lighting systems to save energy and protect the environment.
-
Egypt approves $1.75bn maintenance deal with Siemens
The industrial giant agreed with the Egyptian government to establish a wind power plant and a new wind rotor blade factory.
-
ECA’s accusations contradict CAPMAS reports on Oriental Weavers
Company intends to appeal decision to refer it to prosecution on charges of monopolistic practices.
-
Egypt invites bids for 500MW of renewable energy projects
Egypt has invited bids for the development three renewable energy projects with a combined power generation capacity of 500MW.
-
Egypt raises electricity prices for mid-to-high household usage
Egypt raised electricity prices on Thursday for mid-to-high household usage by an average of 19 percent for the 2015/2016 fiscal year.
-
Deutsche Bank, HSBC said arranging $3.7 bn Egypt power loan
Egypt expects to spend $2.6 bn with foreign companies for electricity, including equipment, this summer, Prime Minister Ibrahim Mahlab said in May.
-
Siemens, Egyptian Railway sign MoU to develop major lines’ sign lighting
The two parties have agreed that during the designated period they will present details of the offer which will be fully funded by Siemens.
-
Safety Sensors Industry Global Market Research Report
The report firstly introduced the Safety Sensors basics: definitions, classifications, applications and industry chain overview
-
Egypt issues new law liberalising electricity market
The law separates the Egyptian Electric Utility and Consumer Protection Regulatory Agency from the Electricity Ministry, making it an independent body
-
Mehleb forms ministerial committee to complete Damietta furniture city
Official Egyptian delegation including Governor of Damietta to visit Italy soon to benefit from their experiences, says Prime Minister.
-
Egypt’s textile industry threatened by temporary ban on cotton imports
Critics fear a ban on cotton imports will deprive local textile manufacturers of short-staple cotton, a vital product for the industry.
-
Time Technoplast buys out Egypt JV firm for USD 900K
This will pave way for the company to grow in Egypt and prepare for entry into large packaging market in West Africa when investment is favourable.
-
Egypt's power supply gets an encouraging boost
A $9bn deal in Egypt will give a substantial boost to the country's electricity generation capacity helping the government address power shortage.
-
Cairo receives 290 natural gas-fuelled buses
Ukrainian company provides seven-year guarantee for spare parts and maintenance during warranty period, says El-Saeed.
-
Solar Panel Market is expected to reach $180.7 billion by 2021
Solar Panel Market is expected to reach $180.7 billion by 2021. Growth is expected to achieve rapid adoption of enewable energy