Egypt, Volkswagen discuss multi-stage plan to localise car manufacturing
Egypt’s Vice Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, held a virtual meeting with Thomas Schäfer, CEO of the Volkswagen brand and member of the Volkswagen Group Board of Management, to discuss the company’s
Egypt, Bulgaria sign protocol to expand economic ties across 19 sectors
Egypt and Bulgaria have signed a protocol to strengthen cooperation across 19 strategic sectors, including renewable energy, industry, and investment, aiming to bolster economic relations ahead of the centenary of diplomatic ties between the two nations. The agreement was finalised
Egypt forms committee to address customs disparities, strengthen local industry
Minister of Industry and Transport and Deputy Prime Minister for Industrial Development Kamel Al-Wazir has announced the formation of a committee to investigate harmful customs disparities affecting local industries and propose corrective measures. The committee will be chaired by the
Government introduces new deadlines, incentives for delayed industrial projects
The Ministry of Industry has announced a new package of extensions and facilitations for delayed industrial projects that have exceeded their prescribed implementation timelines. The decision reflects the Ministry’s commitment to supporting manufacturers, enabling stalled yet serious projects to resume
Egypt secures €53.8m green industry financing from AFD, EIB
Egypt signed a €53.8m concessional financing and grant agreement with the French Development Agency (AFD) and the European Investment Bank (EIB) to support its Sustainable Green Industries (GSI) programme, which promotes greener industrial production, reduces emissions, and enhances competitiveness, the
Industry ministry allocates 185,000 sqm for new industrial projects in 16 governorates
The Ministry of Industry has announced the results of the 12th exceptional offering of serviced industrial land, following the closure of applications on 6 November. The Industrial Development Authority received around 209 investment applications through the Egypt Industrial Digital Platform
Industry Ministry approves energy allocations for seven companies in SCZONE
The Ministry of Industry and Transport has approved energy supply requests for seven industrial companies operating within the Suez Canal Economic Zone (SCZONE), following a review by the Ministerial Committee for Industrial Development. The approvals were issued during the committee’s
Egypt explores industrial cooperation in automotive sector with Southern African Customs Union
Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib, met with South Africa’s Minister of Trade, Industry and Competition, Parks Tau, to discuss strengthening economic relations between the two countries, with a focus on potential industrial cooperation in the automotive
Egypt, Switzerland’s Stark partner to produce low-voltage electric motors
Mohamed Salah El-Din Mostafa, Minister of State for Military Production, attended the signing of a Memorandum of Understanding between the National Authority for Military Production and the Swiss company Stark to collaborate on the manufacturing and marketing of electric motors.
Egypt, South Africa discuss strengthening cooperation in industry, transport
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir held an extensive meeting with South Africa’s Minister of Trade, Industry and Competition Parks Tau and his accompanying delegation to discuss ways to enhance cooperation in



