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Egypt’s industry could catch a break from high electricity prices, gov’t to announce new rates “in days”
Manufacturers could catch a break as gov’t looks set to announce new electricity prices for industry today: Industrial producers could…
AOI signs agreement with India’s Vehant to improve security systems in Egypt
The Arab Organization for Industrialization (AOI) has signed an MoU with India’s Vehant Technologies to cooperate in improving security and…
Suez Cement suspends Tourah Cement Co operations due to losses
Suez Cement has decided to temporarily suspend the operations of Tourah Portland Cement Company, of which it owns 66.12%, on…
Egypt’s non-oil industrial output climbs 27.6% to EGP 185 bn in 3Q2018
Industrial output rises by more than a quarter in 3Q2018: Egypt’s non-oil industrial output jumped 27.6% in 3Q2018 to EGP…
AOI discusses train carriage equipment manufacturing with Spain’s Colway
The Arab Organization for Industrialization is looking into potentially cooperating with Spain’s Colway on manufacturing railway carriages’ internal equipment, Middle…
Earnings watch: Qalaa Holdings reports EGP 1.35 bn net profit in 2018
EARNINGS WATCH- Qalaa Holdings has reported a net profit of EGP 1.35 bn in 2018, compared to a loss of…
FinMin, Trade Ministry expand Egypt’s automotive incentives strategy to cover all industries
EXCLUSIVE- FinMin, Trade Ministry looking to expand automotive industry-style incentive strategy to other sectors: The finance, trade and industry ministers…
IDA sets new deadline for unregistered factories to become formal
IDA sets new deadline for unregistered factories to go legit: The Industrial Development Authority (IDA) has given unregistered factories in…
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