The Engineering & Construction (E&C) Sector of Elsewedy Electric held the 66th position on Engineering News-Record’s (ENR) 2026 Top 250 International Contractors list and 159th on its Top 250 Global Contractors list for the first time

Egypt-based industrial conglomerate Elaraby Group has signed a joint venture agreement with South Africa-based automotive components manufacturer Malben Engineering to develop a shared production base serving Egyptian and African markets, as per a statement.

Exports of the Egyptian engineering industries and electronics sector are experiencing significant growth, showcasing the country's potential as a key player in the global market. This growth reflects not just favorable market conditions, but also deliberates strategic initiatives to enhance Egypt's export capacity. While challenges such as bureaucratic hurdles and dependency on imported materials remain, the sector’s outlook is optimistic, with substantial potential for expansion into new markets and niches.

Egypt's engineering industries exports rose by 30% to surpass $3 billion in the first seven months of 2024

Egypt’s Engineering exports rose 32.3% year on year (YoY) in the first four months of 2024, hitting $1.67 billion.