Industry News
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Egypt signs 3 agreements for automotive manufacture with local, int’l companies
Egypt signed three framework agreements for the manufacture of cars between the Egyptian government and a number of local and international companies.
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Facilities on import of cars by Egyptian expats to be extended for 2 months
Omar noted that there will be a meeting of the Plan and Budget Committee next week for final approval.
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Egyptian officials in discussions on power exports to Greece
This would capitalize on modern infrastructure developed by Egypt over the past few years, and the country’s wind and solar energy sources.
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Egyptian Elsewedy Electric Company plans to introduce innovations in Uzbekistan's energy sector
During the talks, the sides discussed prospects of the implementation of joint projects, as well as matters of development in Uzbekistan’s energy.
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Upgrade plan of spinning, weaving company aims to up production sixfold
The premier had affirmed earlier the importance of the national strategy for developing the significant spinning and weaving industry.
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Hitachi Energy’s innovative technology supports Egypt’s grid expansion
The solution – for Egyptian Electricity Transmission Company (EETC), the national grid operator - is also part of the government’s plan.
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Engineering industries: Listing 32 companies on stock exchange activates national economy
Al-Feki said that the listing on the stock exchange contributes significantly to pumping investments in companies.
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Project: Office equipment
Cairo: Supply of photocopiers, printers and other printing equipment
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Egypt launches 1st locally manufactured E-vehicle
Yasmine Fouad, Egyptian Minister of the Environment witnessed the inauguration of the first fully electric vehicle by the Abou Ghaly Motors.
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Egypt cotton imports seen 23.8% lower in 2022-23
The U.S Agriculture department reduced Egypt's cotton imports by 23.8% due to lower domestic use. Egypt's cotton production expected to up 50% in 2023
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Egypt opens up its market to Brazilian Cotton after years of negotiation
In 2023, Brazilian cotton achieves import authorization. At stake is a 120 thousand tonnes a year marketplace.
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Romanian PM Ciucă talks gas, fertilizers with Egyptian officials
Romania also aims to meet its natural gas consumption needs using Egyptian liquefied natural gas terminals until it can extract from Black Sea.
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Bahrain eyes Egypt-built Gowind Corvettes
Bahrain is interested in acquiring two warships of the Gowind type (Naval Group), which would be manufactured in Egypt by Alexandria Shipyard.
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Egypt’s 365 Ecology on track to deliver 5 projects in 2023
Electromechanical works contracts worth $19mln would be completed by the end of 2023, stated Osama Bekhit.
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SEMADCO on radar of Gulf investors
Egypt is seeking to sell a stake in El-Nasr Fertilizers and Chemical Industries Company (SEMADCO) to a strategic investor from the Gulf.
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Egypt keen to provide various facilities to support industrial sector
The government is keen on exerting strenuous efforts to localize industry in the various spheres, within the framework of president's directives.
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Egypt keen to benefit from KIST’s expertise to upgrade industry
The ministry intends to benefit from the institute’s experience in transferring new technology to industries where Egypt has a competitive edge.
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US' McDermott joins consortium for Greece-Egypt power interconnection project
McDermott to collaborate with Eunice Energy Group on Greece-Africa Power interconnection project, signed MOU MoU) for the 2GW interconnection project.
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2.24% increase in manufacturing, extractive index during November 2022
Manufacturing and extractive industries index (excluding crude oil and petroleum products) reached 112.43 during November 2022.
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Beko Egypt inks deal with Hassan Allam Construction to build plant in Egypt
The plant will strengthen Beko Egypt’s presence in the local market, offering it a variety of high-quality and innovative home appliances.