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Egypt-made MG cars soon as Mansour signs manufacturing JV agreement
INVESTMENT WATCH- China's SAIC Motor, Al Mansour Auto to manufacture MG in Egypt: Al Mansour Automotive will manufacture MG cars…
Heidelberg’s Tourah Cement suspends production, considers liquidation amid losses
Heidelberg Cement subsidiary Tourah Cement has suspended production and could resort to liquidation due to financial distress caused by oversupply…
Minimum for domestic content in Egypt-assembled cars is now back at 28%
Ministry explains decision to scrap former Trade Minister Nassar’s car assembly policy: Trade and Industry Minister Amr Nassar’s decision to…
GSK inaugurates new EGP 20 mn line in its Giza, Egypt factory
INVESTMENT WATCH- GSK inaugurates new EGP 20 mn line: GlaxoSmithKline (GSK) Consumer Healthcare inaugurated a EGP 20 mn production line…
Novavera Sport to open factory producing FIFA-certified footballs in July
Novavera Sport will open its first football factory in the region, producing its first batch of FIFA-certified footballs before the…
Egypt to provide large custom discounts to power its domestic car industry
EXCLUSIVE- We’re going to be discussing a new set of incentives for the automotive industry this fall. The finance and…
Court postpones challenge to increased duties on imported iron pellets
A court has postponed looking into a legal challenge filed by 22 factory owners against a decision to increase import…
Raya’s manufacturing arm seeking licence to assemble electric cars
INVESTMENT WATCH- Raya’s manufacturing arm seeking licence to assemble electric cars: Raya Auto, a subsidiary of Medhat Khalil’s Raya Holding,…
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