INVESTMENT WATCH- Jade Apparel to build USD 50 mn factory in Ismailia Freezone: The US-based Jade Apparel is planning to build a USD 50 mn clothing factory in the Ismailia Freezone, unnamed sources tell Al Mal. The factory is slated to start producing ready-made garments and textiles by the start of 2019, with 100% of output geared towards exports. The factory will be the company’s third in Egypt, with two facilities already in 10 Ramadan City and Borg El Arab.

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