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Egypt not looking to reduce gas prices for steel factories at present
Trade and Industry Minister Amr Nassar has said that it would currently be difficult to reduce gas prices for steel…
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Egypt to establish industrial complex in Fayoum
Egypt is working to establish the country’s second largest industrial complex in northern Fayoum, said Industrial Development Authority (IDA) boss…
Nissan, El Nasr Automotive to manufacture 100k cars a year
Nissan, El Nasr Automotive to manufacture 100k cars a year: Nissan and state-owned El Nasr Automotive have signed a memorandum…
SICO to produce 1.2 mn phones in 2019
Egyptian electronics manufacturer SICO aims to produce 1.2 mn phones this year at its facility in Assiut’s technological park, CEO…
Ashry to invest EGP 4 bn in new steel manufacturing projects over three years
Ashry Steel is planning to invest EGP 4 bn in new projects over three years, bringing its total investments to…
Thyssenkrupp wins EPC contract to build new Ain Sokhna fertilizer complex
Thyssenkrupp has won a major engineering, procurement and construction (EPC) contract from Egyptian chemical and fertilizer manufacturer El Nasr Company…
Nissan open talks with Egypt on incentives for electric car manufacturing
Nissan Egypt has begun talks with the government to outline the incentives it would like to see to invest in…
Sumitomo Electric inaugurates two USD 200 mn factories in Port Said freezone
Japanese-British firm Sumitomo Electric Wiring Systems Egypt has inaugurated two new USD 200 mn factories in Port Said freezone, according…
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