Engineering News
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Top 10 things you need to know about the new electricity prices
These new electricity prices are expected to have significant implications for both citizens and the economy as a whole.
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Recent electricity price hikes to reduce sector losses to LE 75B: Egypt’s PM
On Tuesday, the Ministry of Electricity and Renewable Energy announced a 16-26 percent increase in electricity prices, effective from January 2024.
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Electricity prices increased, effective Jan. 1, 2024
Households consuming within the 0-50 kWh consumption bracket will pay LE 0.58 per kWh, consumers of between 51-100 kWh will pay LE 0.68 per kWh.
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Egypt limits power outages to mornings during mid-year academic tests
According to a cabinet statement, the power outage plan will be applied between 11 am and 5 pm at a daily rate of two hours for each district.
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Over $2B investment in 9 key Egyptian industrial projects during 2023
The ministry's achievements throughout 2023, emphasizing its commitment to developing the Egyptian industry and boosting exports to global markets.
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Egypt’s manufacturing industry index drops about 4% in October
The official data showed a decrease in electrical appliances and medical production.
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Electricity load reductions in Egypt to continue until March 2024: Officials
Daily load reductions will range from 600-800 megawatts. This capacity will be distributed to all governorates in periods not exceeding 10 minutes.
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Prices of home appliances expected to rise following a climb in input prices
Factories manufacturing in Egypt are facing a surge in steel prices, with the most recent increase by Ezz Dekheila Steel Company (Ezz Steel).
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Egypt allocates EGP 100.7 billion to manufacturing industries sector in FY2023/24
The Egyptian government has allocated EGP 100.7 billion in investments for the country's manufacturing industries sector during the current FY.
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Egypt's Power Cuts to Be Lifted during Presidential Elections
The ministry has full capacity to provide power for the entire country during the presidential elections, coinciding with the decline in consumption.
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Schneider Electric and Redcon Properties Forge Sustainable Partnership in Egypt
This landmark agreement signifies a significant stride toward creating a blueprint for smart and sustainable communities within Egypt.
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Egyptian engineering exports surge 8.5% to $3.5bn in 10M 2023
The EECE’s monthly report highlighted that engineering exports in October 2023 alone achieved a remarkable 22% growth.
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LONGi’s ‘Green Electricity + Green Hydrogen’ Solution Makes its Debut in Egypt
LONGi collaborated with leaders and practitioners from across the renewable energy value chain and industry innovation ecosystem.
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Thales inks Egypt cooperation agreement with Hassan Allam
The partnership is to deliver a smart digital platform business in Egypt and the wider Middle East North Africa region.
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Mercedes-Benz officially launches its fully electric vehicle range in Egypt
The new all electric lineup entails six exceptional models with eight captivating variants, including the EQS, EQE, EQS SUV, EQE SUV, EQB, and EQA.
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Egypt: Elsewedy Electric’s consolidated profits hike 161% YoY in 9 months
The company also generated consolidated revenues of EGP 108.804 billion from January through September this year.
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Schneider Electric expands investments in Egypt with €8 mln in 2023
French energy technology company Schneider Electric announced it will increase its investments in Egypt by €8 million throughout 2023.
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Turkish Tumosan to open tractor factory in Egypt
Turkey's Tumosan company is poised to build a factory dedicated to manufacturing agricultural tractors in Egypt, read a cabinet statement on Tuesday.
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Sisecam completes Egyptian glassware investment
This investment boosted the company's glassware production capacity in the country to 35,000 tons per year.
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Egypt, Mitsubishi expand cooperation to upgrade two power plants
Egypt has signed an agreement with the Japanese Mitsubishi Power Company to develop the Sidi Krir and El-Atf power plants.