Industry News
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PM directs to outline integrated vision to manufacture industry inputs locally
This came during a meeting he held on Thursday to discuss several proposed mechanisms to boost Egyptian exports.
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Japan’s Yazaki initiates construction of $32.5 mln auto parts factory in Egypt
Japanese car parts supplier Yazaki has announced commencing the construction of its manufacturing facility in Egypt, with an investment of $32.49m.
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Electricity minister discusses with Siemens officials boosting cooperation
Shaker commended distinguished and unique relations between the two sides in the different electricity fields, according to a statement.
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Madbouly calls for national council to localize electronic chip manufacturing industry
ITIDA head, Al-Zaher, explained that there are currently around 60 companies operating within this field in the country.
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Egypt’s leather exports rise 25% YoY in 2023
Chairman of the General Organization for Export and Import Control Essam Al-Naggar told Al Arabiya Business.
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Egypt zero-customs car import initiative to generate $2 billion
Egypt's zero-customs car import initiative is projected to generate $2 billion, based on the high demand witnessed in the first and second phases.
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Egyptian-Indian joint venture to operate raw phosphate factory in Egypt
The factory aims to boost the concentration of raw phosphate to be included in new industries.
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Egypt approves third phase of zero-customs car import initiative
The Egyptian Cabinet has approved the extension of the zero-customs car import initiative for expats for an additional three-month period.
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Large household appliances
Cairo: Supply of 2 washing machines and an air dryer
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Egypt’s Raya Auto to locally assemble China’s XPeng EVs within 3 years
Raya Auto will bring XPeng’s P7i, G6, and G9 models to the market during the first half of the year — importing and distributing the cars.
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Egyptian beauty startup Mira raises $200,000
Cairo-based direct-to-consumer (D2C) beauty and wellness startup, Mira, has raised $200,000 from Wingoo Investment and Technology.
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PM inspects electricity distribution panel at “Fares” Village in Kom Ombo
This came as part of Madbouly visit on Saturday 20/01/2024 to a number of projects in Aswan.
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Chinese house appliance company builds new factory in Egypt
The construction of the factory will be completed in nine months, the SCZone said in the statement.
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Malta and Egypt agree on strengthening cooperation in energy sector
The agreement lays down the areas for possible cooperation between the two countries, seeking to increase the exchange of knowledge and expertise.
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First Vietnamese factory inaugurated in Egypt
Vietnam's European Plastics Joint Stock Company (EuP) has inaugurated a factory specialising in producing filler masterbatch in Sadat city.
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JV plans USD 100 mn investment to localize the production of Geely cars in Egypt
Auto Mobility will localize the assembly of Geely cars in Egypt,developing points of sales, and exporting to African and Middle Eastern markets.
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Egypt's Women Clothing Exports Reach USD 2.2 Billion in 2023
The sector’s exports to the European Union, the second largest market for Egyptian ready-made garments, rose by 6%.
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Egypt to launch world’s largest textiles factory in February
The Cotton and Textile Industries Holding Co, affiliated to the public business sector ministry, is finally getting ready to operate the factory.
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10 Key facts about Egypt's focus on prioritizing local industry
rime Minister Mostafa Madbouly highlighted the nation's determination to prioritize local industry, fostering economic growth and job creation.
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Egypt’s women’s clothing exports reach $2.2bn in 11M 2023
Spain was the top European importer of clothing, with a value of $116m in the first 11 months of 2023, compared to $87m in the same period of 2022.