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GLC to establish EGP 200 mn plastics and packaging factory
GLC Paints is looking to establish a EGP 200 mn plastics and packaging factory in 10 Ramadan City, CEO Mohamed…
MANUFACTURING-
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LG Egypt studying assembly of cell phones
LG Egypt is conducting feasibility studies on a new domestic production line for cell phones, CEO Don Kwak tells Al…
LG Egypt targeting USD 250 mn in exports by year’s end
LG Egypt is looking to boost its exports to USD 250 mn by the end of this year, CEO Don…
Bailout fund for idle factories to begin disbursing financing to first three factories in a month
The EGP 150 mn bailout fund for idle SME factories will begin financing the first three factories on its roster…
Tahya Masr to market excess production capacity at state-owned factories to private sector
The Tahya Masr Fund is reportedly holding talks with seven public sector petrochemicals, pharma, paper and textiles companies to see…
Work on Suez area business park to begin mid 2018
Work on the business park announced by Polaris Zamila and Ardak in Ain Sokhna is set to begin by mid…
MoU signed between CGCOC and government for Abu Zanima industrial zone
Egypt signed an MoU on Friday with Chinese construction group CGCOC to help develop the Abu Zanima industrial zone in…
Indian business delegation discusses collaboration in textile, petrochems, shipbuilding with FEI
An Indian business delegation discussed investment prospects with Federation of Egyptian Industries’ (FEI) boss Mohamed Elsewedy yesterday, Youm7 reports. The…
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