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Egypt’s AOI in talks with Opel for domestic EV manufacturing
The Arab Organization for Industrialization is in talks with Opel to manufacture electric vehicles (EVs) in Egypt, Chairman Abdel Moneim…
Egyptian textiles producer MardiniTex to invest EUR 2 mn next year to up output
Textiles manufacturer MardiniTex is planning to invest EUR 2 mn in mid-2020 to increase its production capacity to 300k meters…
FEI suggests amendments to Income Tax Act
LEGISLATION WATCH- FEI suggests changes to Income Tax Act: The Federation of Egyptian Industries (FEI) is lobbying the Finance Ministry…
Gov’t looking to impose development tax on cars
EXCLUSIVE- Gov’t mulls industry-wide development tax for the automotive industry: The government is considering imposing a development tax on all…
Egypt’s khayamiya has to evolve to survive
Egypt’s khayamiya has to evolve to survive: The ancient art of khayamiya is unique to Egypt, but despite enduring for…
Higher prices after Aramco attacks see plastic sales fall in Egypt
Plastic producers in Egypt say their sales have been affected amid an increase in the prices of polypropylene and polyethylene…
Schneider Egypt inks settlement on overdue export subsidies
Schneider inks settlement on overdue export subsidies: Schneider Electric has signed an agreement with the government that should see it…
Egypt, Hungary ink manufacturing cooperation MoU
Egypt, Hungary ink manufacturing cooperation MoU: Trade Minister Amr Nassar and the Hungarian Foreign Affairs and Trade Ministry’s Parliamentary State…
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