Gov’t working on incentives to promote electric vehicles; Mercedes delegation due for visit “soon”
REGULATION WATCH- Gov’t working on incentives to promote electric vehicles: The government is working on a new policy framework to…
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REGULATION WATCH- Gov’t working on incentives to promote electric vehicles: The government is working on a new policy framework to…
INVESTMENT WATCH- Nestlé is planning to invest about EGP 1 bn in Egypt in the next five years, Nestlé North…
The Arab Organization for Industrialization (AOI) signed an MoU with German machinery manufacturer DMG Mori to introduce the company’s technology…
Non-oil exports rose 10% y-o-y in 2018 to USD 24.8 bn, up from USD 22.6 bn in 2017, data from…
INVESTMENT WATCH- Flex Films to invest USD 200 mn in Egypt: Indian polymeric films manufacturer Flex Films will invest USD…
IPO WATCH- ATICOT looking to list up to 50% of shares in 2019: The Arab Trade, Investment & Cotton Trading…
M&A WATCH- Lactalis-Halawa acquires 100% of Greenland: The domestic partner of French dairy group Lactalis, Lactalis-Halawa Group, has acquired 100%…
The planned USD 8.5 bn petroleum refining complex in New Alamein is expected to produce some 3.4 mn tonnes of…
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