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Infrastructure 
Chinese automaker Jinbei to launch local assembly through its local agent
The company will begin by rolling out 3k vehicles in 2025, before upping output further
Egyptian-Chinese JV to set up USD 360 mn tire factory in the SCZone
Production is expected to kick off by the end of 2025
Madbouly cabinet approves redrafted Labor Act during its weekly meeting
The cabinet approved two new golden license issuances
Central bank eases import restrictions on vehicle
This policy shift comes as the CBE seeks to lift all remaining USD restrictions
Auto sales fall for the second consecutive month in September
The decline was driven by car sales
Halliburton to bring four wells online by December. PLUS: News from Medcom Aswan, FRA, Q Developments,
The company is also reportedly rolling out well-stimulation technologies across key fields
China’s BAIC group to set up EV factory in Egypt with local agent Alkan Auto
The factory will initially have an annual production capacity of 20k vehicles
BAIC Group taps Alkan Auto for new EV factory project
Good afternoon, folks, and welcome to the second day of an already pretty busy week for local business, finance, and…
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