Industry News
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Egypt, Morocco explore maximizing investment opportunities in chemical industries
Mageed explained that the Council’s strategy is to introduce a green and circular economy in Egyptian products exported to the Moroccan market.
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Delay of Egypt-Saudi power linkage caused by supply chain disruption, Ukraine crisis
The project is to link their power grids and allow the gradual exchange of up to 3,000 megawatts of electricity at a value of $1.8 billion.
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Egypt: Tecnimont leads consortium for KIMA’s $300mn fertiliser plant
To be operation-ready in the first half of 2026, the $300 million (AED1.1 billion) plant is designed to produce 600 tonnes per day of Nitric Acid.
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Electrolux Group participates in the National Day of Sweden
Electrolux is also playing a good role in supporting the Swedish values through its commitment to sustainability and CSR.
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New fertilizer plant has been announced in Egypt
The plant, whose completion is expected in the first half of 2026, will produce 600 tpd of Nitric Acid.
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Egypt and Saudi Arabia set to launch $1.8 billion electrical interconnection project
The project will be fully launched in two phases with the initial phase at a capacity of 1,500 megawatts (MW) commencing in June 2025.
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Cotton Egypt Association debuts at ITMA Milan 2023
Established in 2005 as a non-profit organization, CEA’s mission is to protect and promote the value-add of the Egyptian Cotton™ identity.
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Careem grows Engineering Hubs across Pakistan, Jordan and Egypt
Since the start of 2023, Careem has hired nearly 80 tech-focused roles in Pakistan, Jordan and Egypt.
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Egypt-Sudan electrical interconnection project to operate by end of year
The first phase of the electrical interconnection project with Sudan has a capacity of 300 megawatts, and expansion will take place.
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Egypt accelerates transport transition with large-scale vehicle conversions
The start-up Shift EV and the e-mobility platform BluEV have been given the green light for their respective conversion projects.
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Egypt to inaugurate 7 textile factories worth LE31B in 2024
The production of the factories will be promoted under brand names Nit and Mehalla.
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PM witnesses inking MoU on developing automotive industry in Egypt
The MoU was inked by head of the automotive industry unit Gomaa Mohamed Madany and CEO of the AAAM David Coffey.
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China surpasses India to become top buyer of Egyptian cotton in 2022
Egyptian cotton exports to China in 2022 were valued at $116.934 million, accounting for 43.09 per cent of the total shipment.
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Egypt, Saudi Arabia ink deals for industrial cooperation
Both deals were signed during the visit of the kingdom’s minister of Industry and Mineral Resources, Bandar Alkhorayef.
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Egypt approves local initiatives to convert vehicles to run on electricity
The platform stated that electric power would cost customers 30 percent less than fuel.
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CAPMAS: 7.02 %Increase in Manufacturing and extractive Index during March 2023
Manufacturing and extractive industries index (excluding crude oil and petroleum products) reached 113.96 during March2023.
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Egypt’s automotive industry has the potential to become the largest on the continent
This is supported by existing incentives and market dynamics, along with government plans to localize the industry.
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Egypt to Cultivate 600,000 Feddans of Cotton to Meet Needs of New Factories
He mentioned that with regard to short-staple cotton, our factories need most of Egypt's production of long-staple cotton.
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Saudi Arabia inks 2 MoUs with Egyptian entities for industrial cooperation
Saudi Arabia signed two memoranda of understanding (MoU) with Egyptian entities during a visit by the Saudi Minister of Industry and Mineral Resources