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Infrastructure 
China’s Fountain Set eyes USD 100 mn textile project
PLUS- Abou Ghaly Motors wants to localize the manufacture of motorcycles
Mifra to build USD 7 mn metal products factory in Ain Sokhna
The project will produce smart locks, door handles, and kitchen accessories
IDG launches EGP 4.8 bn industrial zone in New October
The 1.6 mn sqm e2 New October industrial park will host 100 factories and create around 10k jobs
Gov’t overhauls industry financing, with some EGP 90 bn allocated for operations
New fund in partnership with CI Capital to finance struggling factories + an expansion of working capital initiatives + localization…
JTI to add a new EUR 5 mn cigarette production line next quarter
PLUS- Thndr secures asset-management and portfolio-management licenses
Egypt’s iron and steel industry is showing cracks
Recent local price cuts have raised a question: Is the crisis over, or is the market facing another problem amid…
China’s CJN to set up USD 1 bn phosphate industrial park in Sokhna 360
Output will be exported to South Asia, the Middle East, Africa, and South America
Egypt’s GDP grows at 5.3% in 1Q FY 2025-2026
Good afternoon, friends, and congrats on making it through a busier-than-usual week. While we have been readying for the weekend…
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