On September 13, the Government of Egypt announced that BME Battery Manufacturing and Contemporary Amperex Technology Co. Limited (CATL) signed a contract to establish a factory to produce various types of electric vehicle batteries in Egypt. Egypt's Prime Minister attended the contract signing.  The new factory will

On September 4, the Ministry of Industry, the Egyptian Sovereign Fund, and the Chinese company Jiangsu Changhu signed a memorandum of understanding (MoU) to establish a base for planning and building car factories and various means of transportation in Egypt. FIDIA Automotive Engineering Systems will also support thi

On September 4, Egypt's Ministry of Industry signed a memorandum of understanding (MoU) with China’s Linglong Group to establish an integrated industrial complex for manufacturing passenger-car, bus, and equipment tires, as well as conveyor belts. The project is expected to attract around USD 2 billion in investment

On September 2, the Ministry of Investment and Foreign Trade of Egypt announced that the Suez Canal Economic Zone (SCEZ) signed a letter of intent with China's ZC Rubber to study the establishment of an integrated tire manufacturing complex with estimated investments of USD 500 million.
The proposed project aims to e

On September 1, the Prime Minister of Egypt met with the CEO of Gonvarri Industries to discuss opportunities for the company to invest in Egypt in the fields of automotive manufacturing, renewable energy, and metal structures. The Prime Minister asked the Minister of Industry to study the projects proposed by the com

On August 20, the Ministry of Industry and Trade of Egypt held a meeting with the Federation of Egyptian Industries and representatives of the automotive component industries to review challenges of the automotive component industries sector.
The meeting discussed Egyptian standard specifications for the automotive c

On August 11, the Minister of Industry of Egypt presented the first permits for displaying fuel and energy consumption and emissions efficiency labels in Egypt. The permits were issued by the Egyptian Organization for Standardization and Quality to General Motors Egypt and MAC International. The first batch covered a

On August 5, the Minister of Industry of Egypt met his Indian counterpart in the meeting of industry ministers of the BRICS countries. They discussed opportunities for joint industrial cooperation, including the automotive industry and its components as well as other industries. The minister explained that Egypt can

On August 5, the Ministry of Trade and Industry of Egypt held a meeting with the Presidential Advisory Council of Egyptian Scientists and Experts and several automotive and related industries to discuss the executive steps to increase the local component in the automotive industry and to manufacture the entire car bo

On July 22, the Ministry of Investment and Foreign Trade of Egypt announced the opening of the Egyptian market to cars that conform to the US Federal Vehicle Safety Standards (FMVSS). The Minister of Investment participated in the ceremony announcing General Motors Egypt's completion of procedures for importing Ameri

On July 8, the Minister of Investment and Foreign Trade of Egypt held a meeting with the officials of the Chinese company Jiangsu Changhong. Jiangsu Changhong is planning a factory for automotive equipment and production lines in Egypt with investments of USD 20 million. The ministry is coordinating with relevant aut

On July 6, the Ministry of Investment and Foreign Trade of Egypt announced that its Minister met with the founder and team of “EVRAID”, a company specializing in localizing electric vehicle technology. The meeting included a review of EVRAID's plans to localize electric drive systems technology, battery management sy

On July 2, the Egyptian Minister of Industry met with representatives of Mercedes-Benz Egypt to discuss expanding local vehicle production and the possibility of exporting vehicles made in Egypt to nearby markets.
The government highlighted incentives under its National Automotive Industry Development Program, which

On June 23, the Deputy Prime Minister for Economic Affairs inspected the factories of Al-Nasr Automotive Company. He reviewed the company’s future plans to expand the production of modern vehicles, including electric buses. He reviewed the production stages, lines, and mass transit bus models, including “Nasr Sky” to

On June 8, the Deputy Prime Minister for Economic Affairs met with the officials of China National Tire and Rubber Corporation. China National Tire and Rubber Corporation unveiled a new investment plan worth USD 550 million through Prometeon Tyres Egypt. It includes the construction of a new factory in Amreya, Alexan

On June 5, the Egyptian Minister of Industry met with the German Ambassador to Egypt and discussed industrial cooperation between the two countries in sectors of common interest.
The Minister told that Egypt recently updated the National Automotive Industry Development Program, which provides a large package of advan

On June 3, the Egyptian Foreign Minister met with the head of the Japanese "Toyota Tsusho" group and discussed the group’s contributions to the development of Egypt's automotive sector and Japanese industries. He stated that localizing the automotive industry is a priority for the Egyptian state and discussed the gov

On May 31, the Ministry of Finance of Egypt announced that EGP 90 billion has been allocated in the new budget for the fiscal year 2026/2027 to expand programs supporting production, service, and commodity exports, and entrepreneurship activities. The Government has allocated approximately EGP 5 billion to support th

On April 30, the Egyptian Ministry of Industry met with the Chairman and MD of VW Group Africa to discuss plans to expand car manufacturing in Egypt in the near future.
VW is studying plans to build cars in Egypt by working with the Egyptian German Automotive Company (EGA), using existing factories. This could save t

On April 29, the Government of Egypt announced that its cabinet approved the inclusion of car exports within the export burden refund program. The Ministry of Investment and Foreign Trade also activated the investment incentives related to the Investment Law issued by Law No. 72 of 2017 for the automotive sector and