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Egyptian cheese maker Obour Land records EGP 232.2 in 2018 profits
EARNINGS WATCH- Egyptian cheese maker Obour Land recorded a net profit of EGP 236.2 mn in FY2018, down 2.4% y-o-y…
MANUFACTURING-
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Egypt’s cabinet to devise plan to bring in new US investments
The government is working to devise a plan to attract new US investments from big players, according to a Cabinet…
Mixed bag of nuts on the airwaves last night
It was another mixed bag of nuts on the airwaves last night. President Abdel Fattah El Sisi met with officials…
Damietta Furniture City’s manufacturing complex to be completed in 2022
The Damietta Furniture City Company will complete and being operating its 331-feddan furniture manufacturing complex by 2022, company CEO El…
Eight Chinese companies plan leather factories in Egypt
INVESTMENT WATCH- Eight Chinese companies plan leather factories in Egypt: Eight Chinese companies agreed to build 15 leather factories in…
Egypt passenger car sales up 10.8% y-o-y in January to 11,460 vehicles
Total car sales were up 10.8% y-o-y in January to 11,467 vehicles, compared to 10,347 in January 2018, according to…
Egypt, Romania sign manufacturing cooperation agreement
Chairman of the Arab Organization for Industrialization Abdel Moneam Al Tarras signed a manufacturing cooperation agreement with Romanian Business Environment…
Egypt, South Korea sign MoU to enhance investment relationship
Egypt and South Korea signed yesterday a MoU to enhance their investment relationship, the Investment Ministry said in a statement.…
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