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Infrastructure 
Jade Textile eyes three new factories for USD 180 mn. PLUS: Giza Spinning and Weaving, DHL, Ebda, Ashry Steel, Ecole Ducasse, Shell, SIAC, E-finance
The company is planning to double its production capacity with the investment
Poland’s Hynfra eyes USD 10.6 bn green ammonia plant in Egypt
The project will have initial investments of USD 1.6 bn
It’s day one of Egypt Energy
Good morning, everyone. A big-ticket green energy investment is once again the main story of the day, this time with…
Turkish firms Erciyas and Eroglu working on setting up garments, pipeline factories. PLUS: Green Core + Egyptian Electronic Waste Recycling Company, EBRD + Red Sea Wind Energy, Suez Canal Bank + Mint Real Estate Assets, Sympl, Talabat, eNovate
The factory will focus on producing large-pressure pipes with the aim of generating USD 200 mn in revenues
Egypt, UAE ink investments for solar plants, solar parts factories, and renewables-focused industrial zone
The agreements included the establishment of a floating solar plant on Lake Nasser
Oil Minister Karim Badawi charts Egypt’s path to becoming a gas hub after sector setbacks
In 2025, the focus will be on boosting production levels to offset declines and cut the energy import bill
Egypt in talks to push back LNG shipments on the back of limited regasification capacity, sufficient domestic supply. PLUS: Ghabbour Foundation + Investing for Employment, Infinity + Recharged, Mountain View, eNovate + Mastercard
The shipments are part of the 20 cargoes that the government bought to cover domestic needs between October and December
Elsewedy Electric, Fawry, Telecom Egypt, Rameda, and MM Group report 3Q earnings
Elsewedy Electric saw its net income after minority interest rise 92.2% y-o-y in 3Q 2024
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