Industry News
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M&P forms strategic partnership with China Harbour Engineering
This landmark collaboration aims to significantly boost China Harbour’s involvement in Egypt’s rapidly growing infrastructure sector.
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Ready-made garment exports record 23% increase in 4M 2024
From January to April 2024, the sector’s exports surged to $856m, a substantial increase compared to the $697m recorded during the same period in 2023
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US Apache Plans $1.4 Bln Investments in Egypt in 2024
Christmann said Apache upgraded its work mechanisms in Egypt which contributed to increasing oil production by 10 percent to over 150,000 barrels/day.
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South Korean Amb.: Egypt on its way to becoming a regional center for electronics industry
The electronics industry will be an essential element in economic cooperation between Korea and Egypt.
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Why is Egypt raising electricity prices despite new gas discoveries?
The country’s needs for petroleum and natural gas amounts to US$55 billion annually, while local production only amounts to $33 billion.
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20% Milestone Reached in Egypt-Saudi Electrical Link Project
The collaboration between Egypt and Saudi Arabia on this project, initiated in 2012 is worth $1.8 billion, with Egypt contributing $600 million.
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AD Ports finds partners to develop green methanol facility in Egypt
It is also a highly efficient and versatile fuel as it is produced from renewable feedstocks including renewable hydrogen and biomethane.
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Supply of a crane
Suez: Supply of an 80-ton hydraulic telescopic crane
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Egypt’s electric taxi service hits the roads in new capital
The ‘New Capital Cab’ project was initiated by Egypt’s Ministry of Transport and is owned by affiliated company Super Jet.
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SCZONE aims to attract more Korean companies in targeted industrial sectors: Chairperson
During the meeting, Gamal El-Din engaged with representatives from various Korean companies, each specialising in different sectors.
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SCZONE, Eroğlu sign $40M land usufruct deal for garments factory in Qantara zone
The President of Eroğlu Egypt revealed that once the factory is fully operational it will create more than 3,000 job opportunities.
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Egyptian fashion enthusiasts create urban fashion runways
A group of four Egyptian male models has been holding pop-up photo shoots and catwalks on popular Cairo streets.
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Volume of Rubex International Company's investments in Egypt record $12M
Additionally, Rubex exports approximately 20 percent of its production through 120 customers across 39 countries.
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Haier Egypt begins setting up industrial park's 2nd phase in June
The park's second phase encompasses the manufacturing of fridges and freezers, El-Gendi said.
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Belgium Expresses Desire to Invest in Egypt's Electricity, Green Hydrogen Sectors
François Connet pointed to the Belgian government's desire to support and enhance cooperation with Egypt to achieve its goals and use hydrogen.
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NERIC, Eastern R&E enter new cooperation to boost railway
The main focus of this collaborative effort includes the provision of components for railway vehicles and the manufacturing of freight cars.
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Sisi witnesses inauguration of number of developmental projects in South Valley
The inauguration was attended by Prime Minister Mostafa Madbouly, Defense Minister Mohamed Zaki, alongside a number of ministers and statesmen.
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Egypt’s sovereign fund to launch new industry-focused subfund by July
In a bid to encourage fresh investments, Egypt’s sovereign fund is planning a tour of the Gulf next month.
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Egypt textile circularity programme concludes
The SwitchMed III initiative was funded by the European Union (EU) and implemented by the United Nations Industrial Development Organization (UNIDO).