Engineering News
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Amid rising demand, what are the challenges facing the elevator industry in Egypt?
The elevator industry — a niche but critical sector — has been under pressure because of the FX shortage and import restrictions
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Private sector to sell electricity before end of 2023
The private sector in Egypt will commence the sale of electrical power before the end of 2023, as confirmed by the Minister of Electricity, Mohamed Shaker.
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From Vision to Reality: Egypt's booming electronics sector sees 7 Key projects
Egypt's Ministry of Communications and Information Technology has unveiled several initiatives, including seven key projects, investing EGP 643 million to strengthen its electronics manufacturing sector.
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Up to 17 million Egyptians receive electricity for less than a quarter of its price: President Sisi
President Abdel Fattah al-Sisi stated 17 million Egyptians receive electricity at significantly subsidized rates.
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Egypt to save $3.5 bln annually from power cuts: El-Sisi
Egypt could save EGP 108 billion ($3.49 billion) annually through the daily power-cut plan that commenced in July, President Abdel-Fattah El-Sisi said
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Load reduction measures will continue indefinitely, Egypt's Electricity Ministry confirms
Egypt's Electricity Ministry reveals indefinite continuation of load reduction measures. No set date for ending the outages.
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Beni Suef power station to be sold to foreign investor
According to informed sources, the final buyer of the station will have to pay off the loans of international creditors, which amount to nearly $2.25b
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Egypt constructing new mega electrical industries complex in Alexandria
The new complex, which will be producing parts for bus manufacturing in Egypt, is expected to create 600 new jobs, added Samir.
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Egyptian automaker MCV partners with Volvo to produce, export e-buses to Europe
Egyptian Manufacturing Commercial Vehicles (MCV) company signed an agreement with Swedish auto manufacturer Volvo.
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Egypt plans to raise industrial production by 19% in FY2023/2024
The industrial sector in Egypt is divided into non-petroleum industries (80 percent), and petroleum industries (20 percent).
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Huawei Egypt, MCV Energy partners to roll out digital power solutions in Egyptian market
The deal comes within the framework of both companies’ efforts to provide accessible and cost-efficient smart and integrated power solutions.
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Cabinet announces Egypt’s power outage plan will be lifted by end of summer
Egypt’s plan to reduce electricity loads by cutting off electricity for an hour a day will be lifted by the end of the summer, the cabinet announced.
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Indorama aims to establish $700M factories in Egypt
The petroleum minister said there is a chance for partnership with Indorama, noting that the raw materials for the two factories are available.
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Declining car market in Egypt raises concerns amidst economic challenges
A tough market has seen vehicle sales in Egypt in the first half of 2023 plummet by 69.8 percent compared to the same period last year.
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Egypt Sees Opportunity to Replicate S. African Auto Industry Experience
This came during his meeting with officials of the the National Association of Automobile Manufacturers of South Africa (NAAMSA).
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Military Production min. inspects Military Production Co. for Projects, Engineering Consultancy
Military Production Company For Projects and Engineering Consultancy should be utilized in light of leap and development.
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Egypt’s engineering exports surge 10% in 7 months
Egyptian Engineering exports witnessed an increase in July 2023 compared to the same month in 2022, by 14%, reaching $331mln in July 2023.
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Egypt's GAFI approves establishing $16.2 bln industrial city in Giza
Established in 2019, GV Investments Group is based in Egypt and operates in real estate, as well as industrial and service sectors.
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Egypt govt to freeze electricity prices increase until January 2024
The Egyptian government approved on Thursday a decree to freeze any increase in electricity sale prices till January 2024.
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Egypt sets into motion plan to reduce electricity loads
The Cabinet announced, in a post on its official Facebook page, a plan to reduce electricity loads which was implemented starting 12 pm on Tuesday.