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Local investors eye industrial projects worth EGP 500 mn in Sohag
Several local investors are looking into setting up food and heavy industry projects worth a combined EGP 500 mn in…
MANUFACTURING-
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Assar meets with Lava, Smart to build local mobile phone factory
Military Production Minister Mohamed El Assar met on Saturday with representatives from Indian smartphone manufacturer Lava and Egyptian Smart company…
UAE companies plan to build USD 200 mn factories for renewable energy supplies in 6 October City
A number of unnamed UAE companies are reportedly planning to establish USD 200 mn-worth of industrial and real estate projects…
First phase of Chinese textile industrial complex to house 100 factories
The first phase of the USD 2 bn Chinese textile industrial complex in Sadat City, which is expected to house…
IDA gives 40 investors from 1,000 factories three-month ultimatum to remedy their situation
The Industrial Development Authority (IDA) gave 40 investors from the New Cairo 1,000 factories project a three-month deadline to either…
Kabil in talks with Germany’s Gelita to build Egypt’s first Gelatin factory
Trade and Industry Minister Tarek Kabil met with a delegation from Germany’s Gelita AG on Thursday to discuss building a…
Egyptian German Automotives to manufacture brake parts in new Six October factory
Egyptian German Automotives is launching a new factory to manufacture brake parts in Six October City in September, Business Support…
ESWECO to invest EGP 450 mn in 18 new production lines by 2019
The Egyptian Swedish Welding Electrode Company (ESWECO) is planning to invest EGP 450 mn to launch 18 new production lines…
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