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Raya Foods to invest EUR 7.5 mn over three years
Raya Holding subsidiary Raya Foods is planning to invest EUR 7.5 mn over the next three years to finance its…
Correctly implementing AfCFTA could unlock USD 3 tn-worth of growth across the continent
Correctly implementing the African Continental Freetrade Agreement (AfCFTA) could unlock USD 3 tn-worth of growth across the continent, Baker McKenzie…
El Sisi meets Mercedes Vice President
El Sisi kickstarts Berlin visit, drumming up business interest: President Abdel Fattah El Sisi and Investment Minister Sahar Nasr discussed…
Hong Kong’s Handa to invest USD 100 mn in Egypt jute textiles factory
INVESTMENT WATCH- Hong Kong-based textiles manufacturer Handa Enterprise in planning to invest USD 100 mn in an idle jute products…
Egypt to receive 10 new locomotives from GE at the end of November
The Railway Authority will receive 10 new locomotives from General Electric on 28 and 29 November, Transport Minister Kamel El…
Egyptalum to start EGP 7 bn upgrade project in early 2020
Egypt Aluminum (Egyptalum) will begin a EGP 7 bn project to upgrade a production line in early 2020, Mahmoud Agouz,…
Healthcare outfit ICMI invests EGP 30 mn to expand production
Healthcare outfit the International Company For Medical Industries (ICMI) has invested EGP 30 mn to finance its expansion plans in…
VW interested in assembling nat-gas vehicles in Egypt
Volkswagen is interested in assembling natural gas-powered cars in Egypt, and is willing to increase its usage of locally-produced components,…
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