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Infrastructure 
LG plans to invest USD 17 mn on three new production lines
LG Electronics is planning to launch three new production lines to produce refrigerators, automatic washing machines and microwaves, with total…
Manufacturing
Orchidia Pharma to invest EGP 200 mn to establish new eyedrops factory
Orchidia Pharma aims to invest EGP 200 mn to establish a new eyedrops factory in Obour City, Production Manager Mohamed…
Kima to commence trial operations on new facility starting June
Egyptian chemicals company Kima announced its intention to run trial operations in its new manufacturing facility “Kima 2” between June…
China’s planned textile complex could spell doom for Egypt’s local industry
Egypt is getting some flack in the US press this morning, with the Washington Post arguing that Congress should review…
Customs, IDA to form a committee to resolve investors’ import problems
The Industrial Development Authority (IDA) and the Customs Authority are set to form a committee tasked with resolving investors’ problems…
AAIB in talks with banks to arrange EGP 1 bn joint loan for Middle East Glass
The Arab African International Bank (AAIB) is looking to arrange a EGP 1 bn joint loan for EGX-listed Middle East…
MTI in talks with Whirlpool to manufacture home appliances in Egypt 2020
MTI Holding is in talks with its international partner Whirlpool to manufacture the latter’s full range of Whirlpool-branded home appliances…
Egypt’s holding for metallurgy signs MoU with Swiss efficiency consultant RCG
The Holding Company for Metallurgical Industries signed on Thursday a memorandum of understanding (MoU) with Switzerland-based metals industry-focused Research and…
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