Trade and Industry Minister Tarek Kabil inaugurated yesterday three factories in Six October City with total investments of EGP 1.8 bn, Al Borsa reports. The first is a EGP 200 mn resins and polymers plant, the second a USD 30 mn cast iron brake discs factory, and the third a EUR 50 mn food additives factory.
More from Enterprise
Israel’s Arkia Airlines moves flights to Egypt’s Taba to bypass wartime airspace restrictions
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Private capital hasn’t frozen in MENA — but the exit playbook could change if the war drags on
PE and VC-backed companies were already pivoting to local exchanges…
Telda moves into investing with zero-fee stock trading
Telda claims users can sell a position and immediately spend…