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Infrastructure 
Pakistan’s Saif Group meets with Investment Minister to discuss credit facilities
A delegation from Pakistan’s Saif Group met with Investment Minister Dalia Khorshid to discuss credit facilities for the Mediterranean Textile…
Manufacturing
Sphinx Glass will invest USD 150 mn into new production line if gov’t cuts gas prices
Sphinx Glass is looking to invest USD 150 mn into a new production line in 2017, CEO Mohamed El Khattab…
Saudi Egyptian Ready Mix, Delta Cement apply for cement licenses left over from cement auction
Saudi Egyptian Ready Mix and Delta Cement have applied for cement licenses that went unclaimed during last year's cement production…
Bailout fund for financially distressed factories to begin work by March
A Trade Ministry fund, managed by Union Capital and BPE Partners, meant to provide assistance to factories in financial distress…
LG Egypt exported USD 130 mn worth of goods in 2016
LG Egypt exported USD 130 mn worth of goods in 2016 and is studying new solutions to bring the washing…
Cabinet to give preferential treatment to domestic products in gov't tenders
The Cabinet economic group held a meeting on Monday at which Prime Minister Ibrahim Mahlab stressed the need for better…
ECA takes action against Oriental Weavers on monopoly charges
Egyptian Competition Authority (ECA) says it will recommend the prosecution investigate Oriental Weavers for alleged antitrust violations; Counters Has OW…
N Gage Consulting releases export subsidy program report
Zero clarity on export subsidies: Just two days after Al-Borsa reported what it said was a statement from the Trade…
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