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Samsung is planning to invest USD 84 mn in Egypt over the next five years
INVESTMENT WATCH- Samsung is planning to invest USD 84 mn in Egypt over the next five years, including USD 23…
MANUFACTURING-
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Egypt to build EGP 1 bn fiber-optic cable factory in Suez Canal Economic Zone
INVESTMENT WATCH- Gov’t to build EGP 1 bn fiber-optic cable factory in SCZone: The state-affiliated Arab Organization for Industrialization and…
Edita to add 200 trucks to distribution network, open new Morocco production facility this year
Edita will add 200 delivery trucks to its distribution network this year and expects to inaugurate a new production facility…
Last Night’s Talk Shows for 13 May 2020
‘Ala Mas’ouleety host Ahmed Moussa had the floor to himself last night, airing interviews with central bank deputy governor Ramy…
FRA green-lights Sika Egypt’s MTO for Bitumode
M&A WATCH- FRA green-lights Sika Egypt’s MTO for Bitumode: The Financial Regulatory Authority (FRA) has approved a mandatory tender offer…
Egypt Hydrocarbon signs USD 550 mn ammonia plant pact with Maire Tecnimont
The Egypt Hydrocarbon Corporation has signed a USD 550 mn agreement with Maire Tecnimont to set up an ammonia plant…
USD 1 bn phosphoric acid plant in Abu Tartour is nearing the start of construction
Phosphate Misr is expected to sign within days the final funding contracts with investors ahead of beginning construction on its…
What we’re tracking on 3 May 2020
Welcome to the month of May, ladies and gentlemen. Pandemic or not, we’re sprinting toward summer and … staycations? It’s…
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