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Infrastructure 
SICO to produce 1.2 mn phones in 2019
Egyptian electronics manufacturer SICO aims to produce 1.2 mn phones this year at its facility in Assiut’s technological park, CEO…
Manufacturing
Ashry to invest EGP 4 bn in new steel manufacturing projects over three years
Ashry Steel is planning to invest EGP 4 bn in new projects over three years, bringing its total investments to…
Thyssenkrupp wins EPC contract to build new Ain Sokhna fertilizer complex
Thyssenkrupp has won a major engineering, procurement and construction (EPC) contract from Egyptian chemical and fertilizer manufacturer El Nasr Company…
Maridive Oil Services turned in net profit of USD 14 mn in FY2018
Maridive Oil Services turned in a net profit of USD 14 mn (-40% year-on-year) in FY2018 on revenues of USD…
Nissan open talks with Egypt on incentives for electric car manufacturing
Nissan Egypt has begun talks with the government to outline the incentives it would like to see to invest in…
Sumitomo Electric inaugurates two USD 200 mn factories in Port Said freezone
Japanese-British firm Sumitomo Electric Wiring Systems Egypt has inaugurated two new USD 200 mn factories in Port Said freezone, according…
Egypt to host EU-Egypt investment cooperation meetings
Egypt will soon host a meeting of a committee to economic integration with the European Union, according to a Trade…
India’s TCI Sanmar Chemicals to invest USD 125 mn to expand Egypt operations
INVESTMENT WATCH- TCI Sanmar to invest USD 125 mn to expand Egypt business: India’s TCI Sanmar Chemicals is planning to…
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