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Turkish textile firm to invest USD 500 mn in new Egypt factory
The factory could lower the country’s import bill by USD 1 bn a year
What needs to be done for AfCFTA to open the door for Egyptian exports to Africa
The continental trade agreement was signed four years ago, but has yet to bear fruit
Emirates NBD Egypt signs EUR 30 mn loan agreement with Hayat Egypt
The loan will help fund a USD 70 mn tissue factory in Ain Sokhna
Gas production slumps to three-year low in September. PLUS: News from Infinity, SODIC, InstaPay, and the IDA
Egypt produced 4.7 bn cubic meters of gas per day in September, down 6% from August
Benya and Khazna to break ground on 25 MW data center in 1Q 2024. Plus: Osilan, Protech, Beltone, Capgemini, and more
The project cost comes in at a total of USD 250 mn
EgyptSat Auto secured its golden license, but are unclear industry standards in the way?
No clear road after EgyptSat Auto golden license: Egyptian automotive company EgyptSat Auto successfully obtained the golden license late last…
PM talks up the end of the FX crunch after tour of 10 Ramadan, Obour
PM says the investments are a sign that the FX crunch could soon end…
Global Auto Group signs binding framework agreement to locally assemble cars
Global Auto Group began assembling BMW’s in 2023 after a five-year hiatus
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