Advancing industrial development through modernization, investment: El-Shemy
The Ministry of Public Enterprises Sector is advancing its efforts to develop the industrial sector within its affiliated companies and enhance their performance. Minister Mohamed El-Shemy affirmed that a comprehensive strategy is in place to modernize factories with advanced technology,
Lithium Battery Company invests $4 million in Tampa manufacturing plant
US-based Lithium Battery Company is investing $4 million to establish a 60,000 sq ft automated battery manufacturing facility in Tampa, Florida. The expansion includes a Foreign Trade Zone (FTZ)
Vianode to supply GM EV-grade graphite in multi-billion-dollar deal
Norwegian battery materials company Vianode has been selected as a strategic supplier of high-performance anode graphite solutions to General Motors (GM). The agreement covers the development of large-scale manufacturing
Eaton demonstrates vehicle-to-home charging capabilities at CES
Intelligent power management company Eaton demonstrated its AbleEdge home energy management system at the recent CES trade show. The company is also demonstrating its V2H capabilities at its
FEDCOC urges reassessment of customs law penalties to boost investment climate
Mohamed Al-Argawy, Chairperson of the Customs Committee of the Importers Division at the Federation of Chambers of Commerce (FEDCOC), has called for a review of specific provisions in the customs law pertaining to penalties for violations and the responsibilities of
Egypt, EU discuss strengthening trade, investment ties
Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib, recently met with the European Union’s Ambassador-designate to Egypt, Angelina Eichhorst, to explore opportunities for enhancing trade and investment cooperation between Egypt and the EU. The discussion focused on strategies to
Over 1k industrial investment opportunities across 14 governorates in 2024: Minister
Hassan El-Khatib, Minister of Investment and Foreign Trade, has highlighted the ministry’s achievements in 2024, alongside its affiliated entities and sectors aimed at boosting both local and foreign investments, as well as enhancing Egypt’s exports to global markets. El-Khatib emphasized
Carlos Ghosn Sees Trouble Ahead For Japanese Auto Manufacturers
Carlos Ghosn, the former head of the Renault-Nissan-Mitsubishi Alliance, has some thoughts on the proposed new partnership between Honda, Nissan, and possibly Mitsubishi. Not surprisingly, Ghosn is not feeling all that friendly toward Nissan these days, after it conspired with
ConnectDER raises $35 million to scale its meter socket adapters for EV charging
US-based home energy technology provider ConnectDER has secured $35 million in Series D funding to accelerate its market expansion and development of its meter socket adapters for EV charging
HVDC Transmission Between Europe & North America Makes Fiscal Sense
As someone who spends a lot of time looking at HVDC electricity interconnectors globally, and holding the position that HVDC is the new pipeline, I’m very pleased with the latest Ember report, Security and efficiency: The case for connecting Europe