Trade and Industry Minister Tarek Kabil met with a delegation from Germany’s Gelita AG on Thursday to discuss building a gelatin factory in El Roubiki Leather City, according to a ministry statement. If implemented, the gelatin production factory will be the first of its kind in Egypt, Kabil said, adding that the project aims to manufacture gelatin by extracting it from leather tanning waste.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Can AI promise Egypt’s lenders more borrowers and fewer bad loans?
Banks are cautious about letting AI judge a borrower. Local…
Egypt’s funds crossed EGP 500 bn in 3Q on retail money and a stalling core
Money market funds stalled while retail piled into equity, index,…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…