Egypt Military Production Ministry reports revenue growth and new defence hardware

June 29, 2026

由 AI 报道

Egypt's Ministry of Military Production announced revenue growth and completion of seven investment projects for the period from July 2025 to June 2026.

The ministry highlighted development of the “Rada’a 300” multi-calibre tracked guided rocket launcher and the Sinai 806 repair and recovery vehicle. It also doubled domestic armoured steel production capacity to 30mm thickness and 240cm width.

Seven investment projects upgraded production lines at factories including new engine lines at Shoubra Engineering Industries and a 2,200-tonne forging press at Helwan Engineering Industries. These supported the K9A1EGY howitzer project.

In the civilian sector the ministry delivered water and wastewater stations under the “Hayat Karima” initiative and converted 754 buses to natural gas. Its medical centre expanded haemodialysis capacity to 50 machines.

Military production minister issues directives for operational efficiency

Minister of State for Military Production Salah Gomaa chaired a meeting with boards of directors of affiliated companies and units to review financial performance from January 1 to March 31, 2026, and outline efficiency measures. He issued directives to boost productivity and streamline operations, emphasising delegated authority and employee incentives. Gomaa stressed rationalising electricity use without affecting output.

Al-Sisi orders acceleration of defence industry localisation and manufacturing expansion

April 15, 2026 由 AI 报道

Egypt’s President Abdel Fattah Al-Sisi has called for accelerating the localisation of defence industries and expanding domestic manufacturing, while strengthening partnerships with global firms to transfer advanced technologies, according to a presidential statement. He made the remarks during a meeting with Defence Minister Ashraf Salem Zaher and Minister of State for Military Production Salah Soliman.

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Egypt plans over 100 exploratory wells by 2026

Petroleum Minister Karim Badawi announced plans to drill more than 100 exploratory wells by 2026 to boost domestic oil and gas production. He made the statement at a roundtable with the American Chamber of Commerce in Cairo.

Egypt targets 5.4% growth in FY2026/27 rising to 6.8% by 2030

April 22, 2026 由 AI 报道

Minister of Planning and Economic Development Ahmed Rostom told parliament that Egypt’s economy is projected to grow by 5.4% by the end of fiscal year 2026/2027, rising to 6.8% by the end of the medium-term plan in 2029/2030. The government adopted a cautious growth scenario amid regional and global uncertainty.

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