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AOI sign MoU with Germany’s DMG Mori for Egypt manufacturing
The Arab Organization for Industrialization (AOI) signed an MoU with German machinery manufacturer DMG Mori to introduce the company’s technology…
MANUFACTURING-
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Flex Films to invest USD 200 mn in Egypt
INVESTMENT WATCH- Flex Films to invest USD 200 mn in Egypt: Indian polymeric films manufacturer Flex Films will invest USD…
Lactalis-Halawa acquires 100% of Egyptian cheesemaker Greenland
M&A WATCH- Lactalis-Halawa acquires 100% of Greenland: The domestic partner of French dairy group Lactalis, Lactalis-Halawa Group, has acquired 100%…
Egypt’s planned USD 8.5 bn Alamein refining complex to produce 3.4 mn tonnes
The planned USD 8.5 bn petroleum refining complex in New Alamein is expected to produce some 3.4 mn tonnes of…
Egypt to spend USD 9 bn for refinery upgrades, says El Molla
Egypt will spend USD 9 bn over the next four years to upgrade six oil refineries, Oil Minister Tarek El…
Chinese investors to build EGP 100 mn fodder factory in Egypt’s Luxor this year
Unnamed Chinese investors are planning to invest EGP 100 mn this year in a new animal fodder production facility in…
France’s Vicat to invest EUR 30 mn in Egypt business
INVESTMENT WATCH- Vicat to invest EUR 30 mn in Egypt: France-based cement producer Vicat Group’s Egypt arm is planning to…
Mercedes-Benz plans new cars assembly plant in Egypt
INVESTMENT WATCH- Mercedes-Benz plans new car assembly plant in Egypt: German car manufacturer Mercedes-Benz could “start” a new assembly plant…
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