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Chinese investors have been loving Egypt as of late — here’s the breakdown of how this love has translated into investments
The gov’t wants to drum up USD 1 bn worth of Chinese investments in 2024.
Fertilizer manufacturer Biogrand to open SAR 25 mn KSA factory in early 2025. PLUS: East Qantara Dry Port, EU trade agreement, Al Modawat Specialized Medical
The factory will be established in partnership with unnamed Saudi investors
Gov’t to hike industrial electricity prices this month
Low-consumption industries will reportedly avoid electricity tariff hikes
Gov’t to resume subsidized loan program to support industry and agriculture
Good morning, friends. It’s been a pretty busy few months since the national currency was floated in March, so it’s…
Some 1.6k meds set for price hikes by the end of 2025. PLUS: Home Group Development, Dream Agro, Global Biodiversity Framework Fund, Wfrley, Egypt Healthcare Authority
Companies could receive the greenlight to hike the prices of some 600 types of meds before the end of 2024
Ahram Security wants to become the latest Egyptian firm to set up shop in Saudi Arabia. PLUS: Suez Canal Bank + El Sherif Markets, Beltone + Raya, Olam, El Gouna
Ahram Security wants to begin operations at its Saudi factory in 2026
Gov’t has taken major steps to support the industrial sector, what are they?
Government efforts aim to streamline procedures, cut back on red tape, and provide more support for both local and foreign…
Hyundai Appliances wants to set up shop in Egypt. PLUS: News from Kima and Takaful and Karama
The company yesterday inked an exclusive distribution agreement inked with Eleven Trade Corp
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