16 March, 2026

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Egypt targets global auto giants to localize industry, boost exports

The state attaches great importance to localizing the automotive industry by attracting major global manufacturers, Prime Minister Mostafa Madbouly said on Tuesday, January 27, 2026. This is part of Egypt’s National Automotive Industry Development Programme, with a specific focus on the production of electric vehicles (EVs) and their components to align with global shifts toward …

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Egypt Independent January 28, 2026

Egypt targets $100 million Chinese textile investment to boost jobs and exports

CAIRO, Dec 9 (MENA) – Egypt is ready to welcome new industrial investment, CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba said on Tuesday, as the country holds talks with Chinese firm Fountain Set Limited to establish a $100 million textile complex. Heiba met the company delegation, a global leader …

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Egypt Independent December 11, 2025

Egypt seeks to increase outsourcing exports to 9 billion dollars in 2026 – min.

Communications and Information Technology Minister Amr Talaat said on Sunday the ministry seeks to increasing exports of outsourcing industry, now estimated at 3.7 billion Dollars, to nine million dollars in 2026. He said there are 175 international companies so far establishing more than 195 outsourcing centers in Egypt and employing more than 145,000 specialists, he …

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Egypt Independent November 18, 2024

Egypt plans to increase exports, attract 30 million tourists: Prime Minister

In a government statement before the House of Representatives on Monday, Egyptian Prime Minister Mostafa Madbouly affirmed the government’s continuing efforts to increase the competitiveness of Egyptian exports, and increase the number of tourists coming to the country. The government aims to increase the growth rate of exports by more than 15 percent annually, he …

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Egypt Independent July 9, 2024