Al-Wazir inaugurates Elsewedy Telecom Cables factory with EGP 2bn investment
Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, recently conducted an inspection tour across several factories in the industrial zones of 10th of Ramadan and Badr cities. The tour commenced with a visit to
US solar module production capacity reaches 50+ GW


The US solar manufacturing industry just hit a historic milestone: Domestic solar module production capacity has surpassed 50 gigawatts (GW). If all these factories ran at full capacity, they could produce enough modules to meet the country’s
Circunomics raises €8 million for its battery lifecycle management solution
German start-up Circunomics, which is developing a battery lifecycle management system, closed an €8-million Series A financing round in December 2024. The company promotes the circular economy for lithium-ion
Industry Minister engages with Turkish companies on investment, expansion in Egypt
Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir met with representatives of nine Turkish companies operating in Egypt across textiles, ready-made garments, packaging, and home appliances to discuss investment support and expansion plans.
Al-Wazir urges increased investment, development of industrial zones in Kafr El-Sheikh
Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, met with manufacturers in Kafr El-Sheikh to address industry challenges and explore solutions to enhance investment and industrial growth in the governorate. Kafr El-Sheikh is home
Honeywell releases new Battery Safety Electrolyte Sensor to detect thermal runaway in EVs
Honeywell has released a new generation of battery safety sensors. The Battery Safety Electrolyte Sensor (BES) series is designed specifically for enhanced safety in lithium-ion battery on-road applications, and
Egypt aims to develop mining industry through strategic partnerships: Minister
Mohamed El-Shimy, Minister of Public Enterprises Sector, held a key meeting with representatives from Al Safi Group, American International Holdings Corporation (AMIH), and its Indian subsidiary, Wilson Company, to assess the ongoing progress of a major industrial project. The initiative
Electric drive maker Molabo unveils expanded range of marine drive systems
Molabo, a developer of 48 V electric drives, has introduced an expanded range of low-voltage drive systems for the marine industry. The Ottobrunn, Germany-based company says its Aries
Cabinet addresses key manufacturing challenges, economic growth initiatives
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, highlighted the urgent need to address immediate challenges faced by manufacturers in Egypt’s industrial zones during a recent meeting. Manufacturers from the 10th of Ramadan Industrial
IDG targets EGP 3bn investments in industrial zones by 2025
Egypt’s Industrial Development Group (IDG) has outlined its strategy for 2025, aiming to invest EGP 3bn into developing industrial land in various regions across the country. The company plans to accelerate land development and infrastructure improvements in key areas such