Egypt’s marble and granite sector, long a fragmented collection of small-scale workshops, is now undergoing a transformative pivot. Production is being pushed into organized, high-efficiency industrial zones as part of a government strategy to position the industry as a key pillar of the national export economy. In this context, Egypt is banking on industrial clustering to propel its global competitiveness through the concentration of resources, infrastructure, and specialized labor in hubs such as Shaq Al-Taaban, Galala, and Aswan.
Updated 6/17/2026 11:53:00 AM
A major shareholder in Egypt Intercontinental for Granite and Marble (EGYSTONE) has announced plans to submit a mandatory tender offer to acquire up to 100% of the company's shares, with the aim of delisting the company from the Egyptian Exchange (EGX).
Updated 6/15/2026 11:44:00 AM
Egyptian real estate developer Ava Mina Group is planning to establish a marble production factory in Saudi Arabia in 2024, with investments of around $3 million, the group’s Chairman Ashraf Awad said.
Updated 12/14/2023 11:04:00 AM
