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Infrastructure 
Mansour Auto plans new factory for vehicle assembly, components manufacture
The company is set to invest USD 35 mn in the project
What matters to business as the House reconvenes for the 2023-2024 legislative season
MPs are set to discuss and dissect 11 key government-drafted bills over the coming months
House committees sign off on tax cut, expat car import scheme 2.0 + ADP Safaga port contract
President Abdel Fattah El Sisi last month directed the government to raise the income tax exemption threshold as part of…
Mobile natgas car filling stations are coming to the market
One gastec mobile station is already in operation on a trial basis
A rebound in the automotive sector
Sales volumes have plunged since the beginning of 2022 amid headwinds caused by the FX crunch and soaring inflation
Orascom, Metito reach financial close for Abu Dhabi desalination project. PLUS news from Dar and Acacia, Banque Misr, Alameda, Siemens Healthineers
The USD 2.2 bn project includes a 500k cbm/day desalination plant and a 75-km water pipeline
Infinity to charge BMW EVs in Egypt. PLUS: Africa tariff cuts ratified, onion export ban, another wheat buy, and a West Cairo BRT could be in the making.
Infinity aims to increase its charging stations to 300 by 2024
Egypt to build EUR 1 bn tire factory
The SCZone factory is set to churn out 7 mn tires each year
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