Egypt’s Emdad, Saudi Arabia’s EMC launch joint industrial partnership
During the Third Saudi International Iron and Steel Conference 2025, Emdad Industries—the industrial arm of Egypt’s El Tholathia Group—announced the signing of a strategic partnership with Saudi Arabia’s EMC Company to channel joint investments in the fields of industry and
Egypt to provide EGP 90bn in financing facilities for key sectors at interest rates below 15% this fiscal year
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir, together with Minister of Finance Ahmed Kouchouk, announced the continuation of the government’s initiative to support industrial, agricultural, and renewable energy sectors, aimed at encouraging the
29 French companies explore industrial, transport investment opportunities in Egypt
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, met with representatives of 29 leading French companies and institutions to explore new investment opportunities in Egypt. The companies operate across a broad spectrum of sectors,
Off-highway battery maker Jungheinrich leaves competitors in the dust in 2025 Interact Analysis rankings
Interact Analysis has published an analysis of the market for battery packs for off-highway EVs, and found that Hamburg-based material handling company Jungheinrich has by far the largest market
Chinese Deli Group plans major industrial complex in 10th of Ramadan City
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, met with a delegation from China’s Deli Group, a leading manufacturer of tools and equipment, to discuss the company’s plans to establish a large-scale industrial complex
Egypt accelerates pharmaceutical industry development in state-owned companies
Mohamed El-Shimy, Minister of Public Enterprises, and Ali El-Ghamrawy, Chairperson of the Egyptian Drug Authority (EDA), conducted an extensive field visit to subsidiaries of the Holding Company for Pharmaceuticals, Chemicals, and Medical Supplies. The tour covered Arabian Drug Company (ADCO),
Ministers of Industry, Investment discuss advancing Egypt’s iron, steel sector
Kamel Al-Wazir, Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, and Hassan El-Khatib, Minister of Investment and Foreign Trade, recently met with Ayman El-Ashry, President of the Cairo Chamber of Commerce and Chairperson of Ashry
Al-Wazir, French ambassador discuss construction timeline for Alstom’s industrial complex in Borg El Arab
Kamel Al-Wazir, Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, recently met with French Ambassador to Cairo Eric Chevalier, joined by senior officials from Egypt’s Ministries of Transport and Industry. The meeting focused on advancing
Misr Cement Group Reports EGP 272 Million Profit in 2024, Marking 136% Growth
Misr Cement Group has announced a significant surge in its financial performance for 2024, reporting a net profit of EGP 272 million, a 136% increase compared to the previous year. This remarkable growth underscores the Group’s successful strategy in cost
Cabinet approves private free zone project for metro parts, cables in Borg El Arab
Prime Minister Mostafa Madbouly chaired a meeting of the ministerial group for industrial development, which was attended by key ministers from Egypt’s economic group and other relevant authorities. During this session, approval was granted for a new project under the