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World’s largest spinning mill to begin operations next year -Tawfik
A new spinning mill in El Mahalla that is set to be the largest in the world will begin operations…
More from El Sisi’s economy speech: Growing the EGX, support for local industry + cutting public debt
More on the Sisi administration’s plans to boost the economy: The state’s plan to attractUSD 40 bn in fresh investment…
Steel prices are starting to cool off + Elsewedy inks electric motors agreement
Ezz Steel has lowered steel rebar prices by 4%, marking the first drop in price since Russia’s invasion of Ukraine…
Tuk-tuk replacement still undecided + ABB to open train component plant in Egypt
The Madbouly government is in talks with an international automaker to produce vehicles to replace tuk-tuks, Public Enterprises Minister Hisham…
Importers are still pushing back on the CBE’s new L/C system
Leading industry figures are still pushing back on the CBE’s requirement that importers open L/Cs: Legislators and industry reps are…
Gov’t to pay more overdue subsidies back to exporters in April + Russia moves forward on Dabaa
Exporters to get more of their overdue subsidies back in April: Exporters in the fourth phase of the government’s program…
Industrial automation is helping manufacturers make strides in their industries — here’s how
The ins and outs of industrial automation in Egypt: Last week, we looked at how Egypt’s manufacturing industries are faring…
Philip Morris strikes an agreement on local tobacco manufacturing with Eastern
Eastern agrees to let Philip Morris make smokes in Egypt: The Egyptian arm of tobacco giant Philip Morris is on…
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