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AOI, Adtran sign agreement to supply fiber products to Egypt
The Arab Organization for Industrialisation (AOI) has signed an agreement with communications product provider Adtran to manufacture fiber products for…
EKH to add 700k sheet production line to Sprea Misr
Egypt Kuwait Holding (EKH) plans to add a new production line to its subsidiary, Sprea Misr, towards the end of…
El Nasr Auto to enter EV partnership with Chinese auto manufacturer
The Public Enterprises Ministry has reached an agreement with an unnamed Chinese automotive company to set up an electric vehicles…
Raya discusses EV licensing regs with Egypt’s traffic authorities
Raya Auto is in talks with traffic authorities to clarify licensing regulations for electric motorcycles, CFO of parent company Raya…
Egypt’s Supreme Administrative Court postpones iron billet appeals to 24 August
The Supreme Administrative Court has postponed to 24 August appeals filed by the State Lawsuits Authority and a number of…
New law to govern Egypt’s industrial zones ready in three months
LEGISLATION WATCH- New law to govern industrial zones ready in three months: The Trade Ministry Industrial Development Authority (IDA) is…
Talaat El Sagheer Steel to begin operations in its plant next july
Talaat El Sagheer Steel is planning to begin operations at its EGP 861 mn Upper Egypt factory next July with…
US recession indicator flashes red as weak economic data triggers global stock sell-off
US recession indicator flashes red as weak economic data triggers global stock sell-off: Financial markets recoiled yesterday as poor German…
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