Industry Minister issues new rules for licensing industrial activities outside designated zones
Minister of Industry Khaled Hashem has issued a new decision regulating the licensing framework for establishing, managing, and operating industrial activities outside officially designated industrial zones. The decision, which will be published in the Egyptian Gazette and enters into force
Military Production Minister explores expanded cooperation with India’s Parasn
Salah Gamblat, Minister of State for Military Production, held talks with a delegation from India’s Parasn Advanced Systems, a company specialising in high-performance engineering and industrial solutions, to explore avenues for strengthening strategic cooperation across a range of manufacturing sectors.
Egypt targets annual vaccine output of 140 million doses by 2030
Egypt is aiming to produce 140 million human vaccine doses annually by 2030 under its “Vaccine City” project, the Ministry of Health said, as part of broader efforts to achieve self-sufficiency and expand exports to regional and international markets. In
Raedbots launches as Egypt’s first local industrial robotics manufacturer
Raedbots has officially launched as the first company in Egypt and the Middle East dedicated to the local design and manufacturing of industrial robots, aiming to meet rising demand for automation across regional industries. The company develops robotic systems in-house
Opella Egypt outlines growth roadmap with EGP 1bn investment, local production focus
Opella Egypt is scaling up its commitment to the local market with total investments of approximately EGP 1bn over the past decade, as the global self-care giant doubles down on local manufacturing, portfolio expansion, and youth development while ruling out
Egypt’s Industry Minister discusses boosting competitiveness of handicrafts sector
Minister of Industry Khaled Hashem held an expanded meeting with Mohamed El-Sewedy, Chairperson of the Federation of Egyptian Industries, and members of the Handicrafts Chamber, headed by Mohamed Sakr, to discuss mechanisms to develop Egypt’s handicrafts and heritage industries and
Government addresses challenges with clarity, decisiveness: Minister of Planning
Ahmed Rostom, Minister of Planning and Economic Development, met with Chitose Noguchi, Resident Representative of the United Nations Development Programme in Egypt, to explore opportunities for joint cooperation in energy, digital transformation, and data systems development in support of sustainable
CBE bars credit facilities for unregistered entities
The Central Bank of Egypt (CBE) has instructed banks not to grant or renew credit facilities to non-banking credit providers unless they are officially registered, assigned a CBE code, and recorded on its information network as well as with the
MSMEDA, Outreach partner to expand non-financial services for entrepreneurs under ‘Orange Corners’
In a move to strengthen cooperation between national development institutions and international partners, the Medium, Small, and Micro Enterprise Development Agency (MSMEDA) has signed a cooperation agreement with Outreach Egypt, the implementing partner of the Orange Corners Egypt initiative backed
EDECS, MEDLOG partner to build landmark Dry Port in 10th of Ramadan City
EDECS, a leading regional engineering and contracting group, and MEDLOG, the global logistics arm of MSC Group, have signed an agreement to launch a major dry port project in 10th of Ramadan City. Spanning 189,000 square meters, the facility will