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Egypt’s SMEs federation building 90-feddan small manufacturing project complex
The group of SMEs is building a 90-feddan complex for small and medium ready-made garment, food, medical supplies and engineering…
19 Russian companies interested in taking part in Egypt’s Russian Industrial Zone
Nineteen Russian companies are interested in taking part in Egypt’s USD 7 bn Russian Industrial Zone, Russian Foreign Minister Sergey…
Egypt’s state-owned SIDPEC stake sale preparations underway
Sidpec stake sale preparations underway: Preparations are underway to kickstart the bookbuilding process of a 30% stake sale in Sidi…
Egypt signs agreement for Mercedes-Benz to bring its automotive assembly to the SCZone
Mercedes-Benz to jump back into auto assembly in Egypt through SCZone: Trade and Industry Minister Amr Nassar signed yesterday an…
AlGioshy Steel plans Egypt IPO in 2020
IPO WATCH- Steel manufacturer AlGioshy Steel is planning to offer up to 25% of its shares in an IPO next…
Egypt to dedicate EGP 6 bn annually in the budget for exports subsidies
Government to dedicate EGP 6 bn per year to export subsidies: The government will set aside EGP 6 bn annually…
Gov’t agrees to start incentives for car manufacturers that use at least 45% local content
EXCLUSIVE- Cabinet agrees in principle on incentives for car manufacturers that use at least 45% local content: The cabinet has…
Kima 2 fertilizers plant to be inaugurated by Sisi on 30 June
Egyptian chemicals company Kima will begin operations at its new manufacturing facility “Kima 2” in Aswan on 30 June after…
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