Egypt's General Authority for Land and Dry Ports (GALDP) signed a contract with the French Alstom to establish a large-scale industrial complex for the production of rolling stock and railway components, marking a new step in localizing transport manufacturing and boosting exports.

The Egyptian Petrochemicals Holding Company (ECHEM) and the General Authority for Investment and Free Zones (GAFI) have signed a framework agreement with the UK-based Shard Capital to establish a $7 billion petrochemical production complex in New Alamein.

Beltone Investment Banking has concluded its role as the exclusive financial advisor for MAFI for Agricultural Produce Industries' $180 million financing agreement to establish the largest agricultural products industrial complex in the Middle East.

The Suez Canal Economic Zone (SCZone) and the Egyptian Holding Company for Silos and Storage (EHCSS) are set to develop an integrated complex for handling, processing, and storing grains, with an initial investment of $153 million.

Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir met with representatives of the Polish furniture manufacturer Padma to discuss the company’s plan to establish a major industrial complex in New Alamein City.

Prime Minister Mostafa Madbouly expressed his aspirations for further cooperation with Chinese companies during a meeting with the CEO of the global Haier group Guo Yonghai and a delegation from Qingdao, Shandong province.

Egypt has inaugurated four schools within the first phase of the cosmic village land development project.

Prime Minister Moustafa Madbouly held a meeting to follow up on the latest developments regarding the establishment of the Soda Ash Production Complex project in New Alamein City.