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OIH bid for Nile Sugar draws controversy, company defends its stance
M&A WATCH- OIH bid for Nile Sugar draws controversy: Naguib Sawiris’ majority-owned Orascom Investment Holding’s (OIH) c. EGP 3.6 bn…
Egypt to work with Saudi Arabia on oil and gas exploration in the Red Sea
Egypt to work with Saudi on oil and gas exploration in Red Sea: The Oil Ministry is planning to cooperate…
Military Production Ministry in discussions to manufacture 9mm Beretta pistols
Minister of State for Military Production Mohamed El Assar received on Friday a delegation by the Italian Pietro Beretta Gun…
Elsewedy’s industrial development arm obtains 15.4 mn square meters from IDA
Elsewedy Electric’s industrial development arm has obtained 15.4 mn sqm from the Industrial Development Authority (IDA) and the Suez Canal…
PM Madbouly issues new rules for industrial land allocations
Madbouly issues new rules for industrial land allocations: Prime Minister Moustafa Madbouly has outlined new guidelines for allocating state-owned industrial…
Egypt is the “most attractive reform story” among EEMEA countries: Renaissance Capital
EXCLUSIVE- Egypt is the “most attractive reform story” among EEMEA countries- Renaissance Capital: Improving macroeconomic indicators and stabilizing public finances…
Industrial Development Authority warns investors over unused industrial land
The Industrial Development Authority (IDA) has issued warnings to 800 investors that they could lose their land plots if they…
EIPICO to set up pharma factory for EGP 1 bn
ACDIMA subsidiary the Egyptian International Pharma. Industries Company (EIPICO) is planning to set up a biosimilar production facility at a…
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