Industry News
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Haier Group Commences Construction of Phase 2 for Its Production Complex in Egypt
The new phase is expected to generate around 1,000 new jobs in the supply chain, building on the first phase’s success.
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SCZONE chair explores collaboration with Turkish companies in garment manufacturing
The delegation included managers from companies such as Slazenger, FM Tekstil, Canlioglu, Groppa, and LeFaxx.
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Haier launches its industrial complex 2nd phase in Egypt's 10th of Ramadan
The government has been keen to overcome the project's challenges and granted it the Golden License in December 2022.
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Boosting industry in Egypt: What does the sector really need?
Fattouh sees that Egypt needs to support industries related to raw materials and production supplies.
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SCZone witnesses $30M groundbreaking ceremony for Chemtics Egypt Chemicals project
The Chemtics project unfolds in two phases, with the first phase scheduled for completion and the start of production by May 1, 2025.
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Is Egypt’s El-Nasr Automotive making a comback?
With the rise of electric vehicles worldwide, the question arises: Could El-Nasr be poised to play a key role in Egypt's green future?
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Egyptian government probes development of El-Nasr Automotive
El-Nasr was founded in 1960 as the first automotive production firm in the Middle East.
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Bilfinger secures contract for Egypt's $300 million KIMA chemical plant project
With a projected daily output of 600 tonnes of nitric acid, the new facility will play a key role in increasing KIMA’s capacity.
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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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Egyptian Min. sends 8 messages on developing spining and weaving industry
Egyptian Minister of the Public Business Sector Eng. Mohamed Shimi revealed plans to develop the spinning and weaving industry.
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Egyptian imports of passenger cars decline by $22.9M in June 2024
Overall imports dropped by 3.3 percent in June 2024 to $6.0 billion, down from $6.21 billion in the same month the previous year.
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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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Sales of passenger cars rose by 97.6% in July: AMIC
The sales of passenger cars increased by 97.6 percent in volume in July 2024 compared to July 2023.
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7 key facts about the $14m Egypt-China deal
The$14 million grant is a testament to the strengthening bilateral ties between Egypt and China, reflecting a broader vision of economic collaboration
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Workers at Samnoud Textiles strike to demand implementation of national minimum wage
Workers at Samnoud Textiles in Egypt have continued their strike amid management's refusal to implement a government-mandated minimum wage.
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Egypt in talks with China to establish $100M projects spans across diverse sectors
Egypt is in talks with Chinese investors to launch approximately 7 to 8 major projects requiring investments exceeding $100 million.
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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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1st phase of the Egypt Digital Industrial Platform launched
The platform would also provide electronic services to industrial investors, whose presence at any authority would no longer be required.