Egypt to start manufacturing FAW EVs in less than a year. PLUS: Pharma, commodities, telecom news
Production will be scaled up over the next three to five years
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Production will be scaled up over the next three to five years
SulleX aims to cut back food loss along the cold chain by 30%
Bonded warehouses are government-authorized facilities that store goods for a limited time without being subject to fees
The support will trickle in over an 18-month period
The companies plan to establish a hub from which they aims to export EVs from Egypt
The transition to renewables would lead to a significant reduction in the subsidies bill, an industry player told us
Each MWh of solar energy currently saves around EGP 2.25 mn per year in electricity costs
France, along with other nations, is considering relaxing the strict rules imposed on cheese among other food products
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