Industry News
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Egypt’s annual polyester imports amounts to $800M: PM
Madbouly inspected the artificial silk and polyester factory in Kafr El Dawar, and is currently heading to the Alexandria port.
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Egyptian readymade clothing's exports record $259M during 2024
Turkey witnessed a surge in imports of Egyptian clothing products, with a 62 percent increase from $15 million in January 2023 to $24 million in 2024.
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Egyptian engineering exports hit $348M in January 2024: EECE
The EECE has a strategy to increase exports in 2024 by a rate ranging between 10 to 15%, based on the enormous potential of the Egyptian industry.
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Reviving Egypt's Textile Legacy: State Efforts Aim to Boost Quality and Production
Egypt launches comprehensive efforts to enhance its textile industry's quality and output, aiming for global recognition and growth.
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China to plan huge project in Egypt on the Mediterranean Sea
Samir said that the meeting emphasized the interest in advancing joint relations between the two countries as part of a comprehensive partner.
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Stamicarbon awarded for a new urea melt and granulation plant in Egypt
The plant is expected to have a production capacity of 1,050 metric tonnes per day of urea and will be located in an area 100 km southeast of Cairo.
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New SAF plant set to be built in Egypt
Once completed it will have a capacity to produce 120,000 tonnes of SAF per annum in Egypt from used cooking oil using the HEFA pathway.
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Egypt Eyes $4 Billion Iron and Steel Industrial Complex with Italian Firm
Explore Egypt's ambitious plan to revolutionize its iron industry with an integrated industrial complex and green hydrogen production facility.
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Sudan and Egypt Accelerate Mega Electricity Interconnection Project
Sudan and Egypt are joining forces to boost the electricity interconnection project in Port Sudan.
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Enormous new Turkish investments enter Egypt’s ready-made garment sector
10 Turkish investors in the spinning, weaving and clothing sector opted to enter the Egyptian market due to its strong capabilities.
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Delta Company and thyssenkrupp Uhde Collaborate to Restart Ammonia Plant in Egypt
Renowned for its effectiveness, the uhde® ammonia technology has already demonstrated success in over 120 plants globally.
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Top 10 engineering firms in Egypt
Egypt's engineering sector is witnessing dynamic growth driven by strategic investments, technological innovation, and international collaborations.
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Mashrouak national project to lend youth hits record EGP 200 mln in January
Egypt's national project to provide employment opportunities for youth, Mashrouak, achieved its highest lending rate since its launch in 2015.
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Egyptian Cabinet sets fixed cotton prices for the 2024/2025 season
Under the new pricing scheme, a medium-staple quintal of cotton in Upper Egypt will be set at LE 10,000.
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Egypt plans for $100B in annual exports with new industrial strategy
Samir announced in an interview with Asharq Bloomberg that the strategy will be finalized by the end of February.
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Egypt Kuwait Holding to open wood factory with $120M investments
Al Kharafi announced that his company will open a MDF wood manufacturing factory with investments amounting to $120 million.
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Egyptian ready-made clothing exports reach $2.4B in 2023
The president of RMGEC mentioned that the Council's delegation consisted of 16 companies, all of which actively engaged in the event.
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Egypt plans car manufacturing factory in collaboration with Indian company
The facility will be established in collaboration with Egypt’s state-owned El-Nasr Automotive Manufacturing Co.
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Egypt's Richest Man, Nassef Sawiris, to Transform OCI into a Cash-Shell Entity for New Acquisitions
Nassef Sawiris, Egypt's richest man, is planning a significant overhaul of his chemical conglomerate, OCI.
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Turkey plans to establish industrial zone in Egypt: Trade Minister
The proposed industrial zone in Egypt aims to replicate the success of the existing industrial zone in Bursa.