Industry News
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HMZ Group launches ‘Joint’ furniture manufacturing arm with $4m Investment
The launch coincides with the inauguration of the Joint Plant, a state-of-the-art factory located in the 6th of October Industrial Zone.
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Prime Minister revokes industrial electricity discount as of 1 July
The revocation reflects the government’s renewed focus on public spending reform and fiscal consolidation, amid mounting financial pressures.
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SCZone, Turkish firm ink $20 mln deal to build denim factory in Qantara West
Şirikçioğlu, founded in 1997, is a prominent Turkish denim yarns and fabrics producer and supplies several global brands.
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Egypt’s agricultural sector sees strong growth with 5.2M tons exported in H1 2025
Egypt's agricultural sector shows strong growth with 5.2M tons in H1 2025, led by citrus and potato exports.
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SKF Organizes Heavy Industries Day in Celebration of 50 Years in Egypt
SKF marks 50 years in Egypt, showcasing smart tech and commitment to industrial innovation.
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How much heat can Egypt’s industry take? 10 key takeaways from the energy crisis
As tensions rise between Israel and Iran, Egypt is facing economic fallout not from the battlefield—but from the energy grid.
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SCZone inks $18 mln deal with Turkish company to establish spinning factory
SCZone has signed a $18m agreement with the Turkish company Ulusoy Tekstil San. Tic. A.Ş to build a yarn and spinning factory.
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IKEA Egypt recalls a kitchen gadget over safety risk
Swedish home furnishings giant IKEA issued an urgent recall in Egypt on Tuesday for its IKEA 365+ VÄRDEFULL black garlic press.
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Moses Bridge to connect Saudi Arabia
Saudi Arabia and Egypt plan to build a bridge across the Red Sea, providing millions of people with direct access to the futuristic city of The Line.
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Arab Organization for Industrialization, Stellantis sign exclusive deal to produce 240,000 cars in Egypt
Moreover, he noted that approximately 7,000 cars are scheduled for annual production over four years, totaling 28,000 vehicles.
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PM affirms gov’t readiness to expand industrial output
Egypt’s PM pledges full support for industrial expansion, job creation, and export growth amid regional tensions and energy supply precautions.
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Automotive market sees surge in sales in April led by passenger vehicle segment
Egypt’s auto market rebounds with April sales up 117.7% YoY, led by passenger cars and trucks, signaling recovery from earlier supply chain shocks.
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Damietta Port bolsters Egypt’s hub vision with 5 giant cranes for Tahya Misr 1 terminal
Damietta Port receives 5 mega cranes for Tahya Misr 1 terminal, boosting Egypt’s logistics capacity and global shipping competitiveness.
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Industrial hub for bridge parts to be established in Egypt
SAMCO teams up with Germany’s Maurer to localise production, boost export capacity, and train Egyptian engineers.
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EBRD supports Egypt with first private-to-private electricity contracts
This deal introduces competition into the electricity sector, expands consumer choice and promotes private investments in renewable energy.
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Egypt reduces plastic use
Egypt launches “Reduce It” campaign to cut single-use bags, push eco alternatives, and boost green-industrial growth.
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Minister Farouk urges swift activation of Agricultural Solidarity Fund
Egypt accelerates its Agricultural Solidarity Fund to protect small farmers, covering crop insurance, low-interest loans, capacity-building
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Egypt’s agricultural sector sees strong growth with 5.2M tons exported in H1 2025
Egypt's agricultural sector shows strong growth with 5.2M tons in H1 2025, led by citrus and potato exports.
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Egypt, Germany plan Bridge and Tunnel Complex
Egypt partners with Germany to develop an industrial complex for manufacturing bridge and tunnel components, boosting local production capacity.
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Automobile Division expects passenger car prices in Egypt to rise soon
Zeitoun attributed this demand to the limited supply, coupled with rising prices of brand new cars in recent years.