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Toyota snubs Saudi Arabia
Toyota snubs Saudi Arabia: Toyota is reportedly backing out of plans to build a car plant in Saudi Arabia, sources…
RIZ can expect to see 100 new agreements signed this year
INVESTMENT WATCH- Russia predicts 100 new agreements for RIZ this year: There is growing interest among Russian companies to set…
AOI looks to manufacture water desalination membranes
The Arab Organization for Industrialization (AOI) appears to be planning to manufacture water desalination membranes and has signed a MoU…
EGAS refuses again to cut natural gas prices for heavy consumption factories
The Egyptian Natural Gas Holding Company has once again refused another push for cutting natural gas prices for steel and…
Egypt-made MG cars soon as Mansour signs manufacturing JV agreement
INVESTMENT WATCH- China's SAIC Motor, Al Mansour Auto to manufacture MG in Egypt: Al Mansour Automotive will manufacture MG cars…
Heidelberg’s Tourah Cement suspends production, considers liquidation amid losses
Heidelberg Cement subsidiary Tourah Cement has suspended production and could resort to liquidation due to financial distress caused by oversupply…
Minimum for domestic content in Egypt-assembled cars is now back at 28%
Ministry explains decision to scrap former Trade Minister Nassar’s car assembly policy: Trade and Industry Minister Amr Nassar’s decision to…
GSK inaugurates new EGP 20 mn line in its Giza, Egypt factory
INVESTMENT WATCH- GSK inaugurates new EGP 20 mn line: GlaxoSmithKline (GSK) Consumer Healthcare inaugurated a EGP 20 mn production line…
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