Engineering News
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NERIC to open factory in East Port Said Industrial Zone by 2025 with EGP 4.2 bln initial investment
These trains will have 320 air-conditioned metro vehicles for the Greater Cairo Metro second and third lines.
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Arab Ministerial Council for Electricity selects Egypt as current term president
This selection underscores Egypt's pivotal role in supporting Arab cooperation within the framework of the Arab League.
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Huawei unveils its flagship Power-M Solution at Cairo ICT 2024
Huawei proudly unveiled its flagship Power-M Digital Power Solution, which sets a new benchmark in energy innovation, on the sidelines of Cairo ICT.
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Egypt Aluminium achieves 45% of previous year’s net profit in only Q1
The basic earnings per share (EPS) increased to EGP 3.39 billion in Q1 FY2025 from EGP 1.30 in the year-ago period.
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Sumitomo Electric Egypt to €22M open wiring harness manufacturing plant
Minister El-Khatib confirmed the plant’s grand opening is scheduled for the first quarter of 2025.
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Japanese Sumitomo Electric €22 mln plant in Egypt to start operation in November
Japanese Sumitomo Electric Egypt will commence operating its plant for manufacturing electrical wiring harnesses for cars and vehicles, valued at 22m.
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LG is setting up a USD 150 mn refrigerator line
The new production line is in the preparation phase, LG Egypt Managing Director Billy Kim told Al Borsa, without disclosing its completion date.
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Saudi Arabia will supply power to Egypt
Testing is scheduled to begin in April and work is expected to be completed by mid-2025.
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EVs Electrify Egypt Summit kicks off with extensive Governmental and International participation
The summit represents an ideal platform for leading companies to explore investment opportunities in this sector.
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Egypt: B.TECH targets $391mln sales in 2024
The company aims to increase its installment portfolio to $164mln by the end of 2024.
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Egyptian Min., Jordanian Amb. talk ways to enhance investment in electricity field
They discussed cooperation in electricity, electrical interconnection, new and renewable energy, and the development and modernization of networks.
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The Velaro High-Speed Train for Egypt
In total, 41 Velaro high-speed trains will be produced for Egypt’s new railway system to travel at speeds of up to 250 km/h.
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Egypt engineering exports: Breaking barriers, setting records
Egypt is recognized for sectors like agriculture, textiles, and natural resources, but the engineering sector’s growth indicates a critical shift.
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Egypt halts electricity load reduction
The Ministry of Electricity and Renewable Energy has decided to halt power load reduction, as fuel supplies meet needs.
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Saudi Arabia-Egypt Electricity Interconnection Project
A substantial proportion of electricity is expected to be sourced from renewable resources, in line with both countries’ sustainability goals.
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Egypt adjusts electricity prices for different consumption segments
The Electricity Utility and Consumer Protection Regulatory Authority (EgyptERA) disclosed the updated rates for various consumption segments.
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Egyptian Company Unveils Locally-Made Drones, Smart Munitions
The company's flagship product, the“6th of October” drone, was a key attraction, entirely made in Egypt.
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Egypt engineering industry exports grow by 29.9% in 7 months
The Engineering Export Council of Egypt revealed that engineering industry exports have increased by 29.9 percent since the beginning of the year.
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Egypt secures €165 million loan for grid upgrade
Egypt is expected to upgrade its energy infrastructure with a €165 million ($183 million) sovereign loan from the EBRD.
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Siemens and the General Authority for Industrial Development, Egypt sign MoU
This strategic agreement aims to elevate Egypt’s industrial capabilities and strengthen its position in MENA.