The Suez Canal Economic Zone (SCZONE) has signed an agreement with India’s Volkov Infra Private Ltd to build the Ferro Genesis factory in East Ismailia’s Technology Valley.

Oriental Weavers has inaugurated its new expansion of the at the group's spinning factory, which features four consecutive treatment stages and has a capacity of 1,250 cubic meters per day.

The Egyptian Prime Minister Mostafa Madbouly has issued two key decisions regarding the pricing and payment mechanisms for natural gas.

The National Initiative for Developing Egyptian Industry (Ebda) will invest EGP 17 billion in eight industrial projects under the Nile Fund for Industrial Development.

Egypt's glass industry has grown into a vital force in the global market, capitalizing on its strategic location, abundant natural resources, and skilled workforce. With a diverse product range, including flat glass for windows and mirrors, container glass for food and beverage packaging, and specialized glass for construction and automotive uses, Egypt caters to both domestic and international demand. Despite challenges, Egypt can work on its resources, enhancing its potential to become a regional hub for glass.

The Suez Canal Economic Zone (SCZone) is set to establish a dedicated pharmaceutical industrial zone covering 4 million square meters (sqm), SCZone's Head Waleid Gamal El-Dien announced during his participation in the fourth edition of the PharmaRegAfriSummit.

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.

A coalition of private companies from Egypt, Saudi Arabia, and the UAE has unveiled an $800 million merger in the industrial sector in October.

Polaris Parks is allocating EGP 10.5 billion to develop two industrial zones in Egypt.

The Industrial Development Authority (IDA) will not reject requests submitted by serious investors seeking industrial lands in different sectors, Minister of Transport and Industry Kamel El Wazir stated.

Egypt is targeting boosting its industrial investments by around 10% to at least $3.6 billion in 2024, compared to $3.3 billion in 2023, Head of the Egyptian Commercial Service (ECS) Yahia Al-Watheq Bellah said.

The Egyptian Ministry of Trade and Industry will launch a new strategy for the industrial sector by the end of this February.

The value of industrial production in Egypt totaled EGP 1.2 trillion in fiscal year (FY) 2022/2023, Minister of Trade and Industry Ahmed Samir announced.

The General Authority for the Suez Canal Economic Zone (SCZone) has inked five framework agreements with five private sector companies operating in various industrial sectors.

Qatar is expected to pump new investments worth $1.5 billion into the Egyptian industrial sector during 2024, Head of the Egyptian Commercial Representation Service (ECS) at the Ministry of Trade and Industry Yahya Al Wathiq Billah said.

The company is also mulling over investing in a variety of sectors in the North African country, including renewable energy, oil and natural gas, infrastructure, and sustainable engineering solutions.

Egypt’s index of manufacturing and extractive industries, excluding crude oil and petroleum products, fell by 2.66% month-on-month (MoM) to 105.69 points in January 2023 from 108.58 points

Egyptian Prime Minister Mostafa Madbouly met with Minister of Trade and Industry Ahmed Samir to review investment opportunities in the industrial sector.

Egyptian state-owned Administrative Capital for Urban Development (ACUD) Company will launch a 2,000-feddan industrial city within the coming months.

The agreed-upon projects would contribute to increasing local production in the partner countries by a value exceeding $1.6 billion, and creating about 13,000 direct and indirect jobs.