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Farm Frites opens USD 40 mn factory, aims to increase exports to 65%
INVESTMENT WATCH- Dutch food manufacturer Farm Frites has launched a new, USD 40 mn production line for producing potato chips…
Egypt’s Trade Ministry looks at new, lower three-year duties on steel billet imports
A Trade Ministry committee has recommended imposing anti-dumping duties on imported steel billets for three years starting mid-October, following the…
Egypt kicks off new export subsidy program, says overdue payments on the way
Gov’t kicks off EGP 6 bn export subsidy program, says more overdue payments on the way: The government has started…
Civil Aviation Ministry requests manufacturing Airbus planes or parts
The Civil Aviation Ministry discussed the possibility of establishing an Airbus factory in Egypt with the CEO of the Airbus…
NUCA signs MoU for waste-to-energy project in west Cairo
The New Urban Communities Authority (NUCA) has signed an MoU with Besixand Orascom Construction for a waste-to-energy project to supply…
Egyptian cheesemaker Obour Land to invest USD 8 mn in assembly line upgrade
Obour Land is spending USD 8 mn to upgrade its white cheese assembly line, the cheesemaker said in a bourse…
Cotton Holding Co. to spend USD 30 mn developing El Mahalla and Damanhour mills
The Cotton & Textile Industries Holding Company will spend USD 30 mn developing its El Mahalla and Damanhour mills starting…
Auto sector requires comprehensive stimulus package to overcome challenges -Lynx
A multi-pronged approach is needed to help Egypt’s auto sector overcome its challenges: The government must combine its plan to…
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