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Auto sales inch up in October after two months of decline
The increase was driven by a 20.3% m-o-m growth in truck sales
Abu Qir Fertizers’ looks to green hydrogen to help power ammonia plant. PLUS: Exxon Mobil, Instapay, Egypt Post, Abu Auf, Ezz Elarab,
The 12-month project is also expected to up production 100 tons to 1.2k tons a day
China’s New Hope Group mulls USD 100 mn feed production complex. PLUS: FutureFert, Madinet Masr + Carrefour, Halliburton, Al Kbous Tea, Egyptian Swiss Group, Innovo, Ecaru
The company, which has five factories in Egypt producing some 650k tons of feed annually, plans to expand production to…
Nissan Egypt to invest USD 45 mn in new locally assembled model
The company plans to produce 17k units of the new model annually
Gov’t eyes listing up to four military companies on the EGX
Companies in the banking, industry, and pharma manufacturing have been earmarked for privatization
Holding Company for Roads and Bridges looks to secure USD 500 mn worth of Iraqi rail projects. PLUS: Mermec, Fawry, Amoun + Atlas, EBRD + CIB
Iraq has a plan to spend USD 100 bn on infrastructure over the next three years
Jaguar enters its EV era
The design concept is unlike anything we’ve seen before
Arab Organization for Industrialization to set up tire manufacturing city with unnamed Chinese partner
The first tire factory in the city will kick off operations within a year
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