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No subsidies for electric car charging in Egypt, companies seeing potential
No subsidies for electric car charging stations? The Electricity Ministry will not subsidize electricity sold to recharge electric vehicles, Electricity…
House pushes forward with legislation to regulate the Egyptian industries federation
LEGISLATION WATCH- House working group signs off on bill that regulates Federation of Egyptian Industries. A working group at the…
Egypt’s Edita Food Industries to invest EGP 300-350 mn next year to increase capacity
Edita is planning to invest EGP 300-350 mn next year to increase production capacity and finance overseas expansion, CEO and…
Trade minister downplays ‘automotive directive,’ says talks are ongoing with unnamed global car manufacturers on Egypt investments
Trade Minister: Please stop asking about the “automotive directive.” Trade and Industry Minister Amr Nassar threw cold water on years…
Belarus invited to take part in Russian Industrial Zone
Belarus invest in the USD 7 bn Russian Industrial Zone (RIZ), MENA quoted Belarusian Ambassador to Egypt Sergei Rachkov as…
Chinese company to invest USD 300 mn in steel factory in Egypt’s Ain Sokhna
INVESTMENT WATCH- An unnamed Chinese company is looking to invest upwards of USD 300 mn next year in a new…
El Sisi holds talks with MbS on Egypt-Saudi investment and joint projects
President Abdel Fattah El Sisi held talks yesterday with Saudi Crown Prince Mohammed bin Salman, who landed in Cairo on…
Japanese companies want clarity on gov’t policy toward automotive assembly industry before committing to new investments
Japanese companies want clarity on gov’t policy toward automotive assembly industry before committing to new investments: Japanese automotive companies are…
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