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Egypt’s new Aswan special economic zone receives 48 investor requests worth USD 60 mn
INVESTMENT WATCH- New Aswan SEZ receives 48 investor requests worth USD 60 mn: The planned special economic zone (SEZ) in…
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SPP Pumps to partner with gov’t on pumps factory in Egypt
India’s Kirloskar Brothers subsidiary SPP Pumps is considering entering a partnership with the government to set up a factory to…
Saudi’s Al Fanar considering setting up two factories in SC Economic Zone
Saudi Arabia’s Al Fanar is mulling investing USD 200 mn in establishing two factories to produce cables and electric circuit…
Steel rolling factories temporarily halt production
A number of steel rolling factories have reportedly halted production due to higher production costs as a result of tariffs…
IFC to finance USD 2.3 mn project to boost manufacturing efficiency in Egypt
The International Finance Corporation (IFC) will finance a USD 2.3 mn project to improve the efficiency of electric motors used…
“Made in Africa” could be the new “Made in China” in 50 years
“Made in Africa” could be the new “Made in China” in 50 years if enough focus is given to investing…
GAFI sets up industrial development JV with private companies
The General Authority for Freezones and Investment (GAFI) is setting up a JV with unnamed private sector companies to act…
No more new capital land for Egypt’s investors, developers this year
The New Administrative Capital Company (NACCUD) will not be offering any more land to investors and developers this year, and…
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