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Edita to acquire frozen bakery producer Fancy Foods
Edita to invest EGP 400 mn over the next year to expand the business
More Chinese energy, chemicals, and textiles projects in the SCZone
The agreements signed are worth a combined USD 707 mn
Orascom Construction, Metito to build USD 2.4 bn desalination plant in Abu Dhabi. PLUS: Standard Chartered eyes Egypt, FX crisis hits Arab Alloys industrial complex
The project will process more than 500k cbm of seawater per day
Chinese consortium wants to build USD 300 mn ironworks in SCZone
A growing appetite in the SCZone green hydrogen projects
Officials call for legislative overhaul to boost industry
Attendees were discussing how to arrest the decline of Egypt’s industrial sector
EU + AFD to disburse new funds for Egypt grain silos. PLUS: New Xylem water pump factory
The EUR 60 mn disbursal is part of a EUR 100 mn package announced last year
Gov’t acts amid fears of pharma shortage
Demolition of historic tombs at the City of the Dead received criticism
AstraZeneca to raise Egypt investments to USD 100 mn
AstraZeneca plans to increase its use of local components to 80%
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