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Infrastructure 
Egypt to spend USD 9 bn for refinery upgrades, says El Molla
Egypt will spend USD 9 bn over the next four years to upgrade six oil refineries, Oil Minister Tarek El…
Manufacturing
Chinese investors to build EGP 100 mn fodder factory in Egypt’s Luxor this year
Unnamed Chinese investors are planning to invest EGP 100 mn this year in a new animal fodder production facility in…
France’s Vicat to invest EUR 30 mn in Egypt business
INVESTMENT WATCH- Vicat to invest EUR 30 mn in Egypt: France-based cement producer Vicat Group’s Egypt arm is planning to…
Federation of Egyptian Industries reviewing final draft of Customs Act
LEGISLATION WATCH- Final draft of amended Customs Act now with industry group for review: The Federation of Egyptian Industries (FEI)…
Arabian Cement, SolarizEgypt sign EGP 100 mn solar power plant agreement
Arabian Cement signs agreement with SolarizEgypt for EGP 100 mn solar facility: Arabian Cement Company (ACC) and SolarizEgypt signed on…
Mercedes-Benz plans new cars assembly plant in Egypt
INVESTMENT WATCH- Mercedes-Benz plans new car assembly plant in Egypt: German car manufacturer Mercedes-Benz could “start” a new assembly plant…
Egypt’s textiles complex 50% complete
Construction works on the first phase of the USD 2 bn Chinese textile industrial complex in Sadat City is 50%…
Central Bank of Egypt excludes retailers from EGP 200 bn SME financing initiative
The Central Bank of Egypt (CBE) has excluded retail-focused SMEs from its facilitated financing initiative in a bid to reroute…
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