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IDA places moratorium on land tenders for coming months, competition authority is going monopoly hunting aming importers
Industry wants to watch out for the next few months: The Industrial Development Authority (IDA) will not issue further land…
Manufacturing
Pharma manufacturer El Arabeya to invest EGP 40 mn in FY2019-20
Pharma manufacturer El Arabeya expects to invest EGP 40 mn in FY2019-20 to develop and digitize production lines, according to…
Gov’t excludes steel nail, wire producers from import tariffs on steel rebars, pellets
The Trade Ministry has excluded steel nail and wire producers from anti-dumping duties imposed on steel rebar and pellet raw…
EGP 200 mn waste management factory for alternative fuel established in Suez
Environment Minister Yasmine Fouad inaugurated on Thursday Lafarge Group subsidiary Geocycle’s EGP 200 mn alternative fuel factory in Suez, Al…
Egyptian Refining Company USD 4 bn facility to come online in June
Qalaa’s USD 4.3 bn Egyptian Refining Company facility will begin commercial production in June, running at 60% capacity and ramping…
Egyptian Iron and Steel Company to consider tender from Russia’s MetProm
The Egyptian Iron and Steel Company is considering an offer from Russian company MetProm in a tender to help the…
Greek companies plan to invest EUR 70 mn in Egypt
Two Greek home textiles and agricultural investment companies are planning to inject around EUR 70 mn into projects in Egypt,…
Gov’t launches plan to develop textile manufacturing, El Sisi phones Merkel
Gov’t launches plan to develop textile manufacturing, El Sisi talks Sudan, Libya with Merkel: The launch of a government plan…
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