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Gov’t races to localize EV industry with new incentives + int’l negotiations
Unconventional incentives and talks with global manufacturers aim to localize battery and component production
FEI urges FinMin to activate first phase of new EGP 30 bn initiative to support priority industrial sectors
The initiative aims to help private players finance the purchase of new machinery, equipment, and production lines
Egypt eyes new green financing platform to support factories as EU carbon mechanism comes into play
The platform would channel green funding to private factories, support decarbonization projects, and help exporters prepare for Europe’s incoming carbon…
Local assembly push helps automotive prices cool down
New factories and increased production capacity expands car supply and pressures prices amid a wave of reductions
Industrial zones ramp up efforts to meet Chinese demand
Egypt is among the most prepared in the region to attract investors looking to reposition within global supply chains
Could Egypt become a global glass manufacturing hub?
With many different types of glass now being produced locally, the glass industry is becoming a sizeable part of the…
How Egypt’s recent gas crunch strained the industrial sector
The sudden shortage in gas supplies has shown the energy system’s structural weaknesses and forced emergency government intervention
Diving into the Green Sustainable Industries program
Egypt is betting on the Green Sustainable Industries (GSI) program to green its industrial base. The flagship initiative by the…
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