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KIMA pays back EGP 300 mn to Italy’s Tecnimont
The Egyptian Chemical Industries company (KIMA) paid EGP 300 mn of its outstanding arrears to Italy’s Tecnimont rehabilitating KIMA’s factories,…
MANUFACTURING-
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Gov’t launching venture capital fund to restart operations at idle factories
The government launched a venture capital outfit that will be focused on providing funding to struggling factories to get them…
Military Production Ministry to produce power transmission equipment, power meters with China’s Dongfang
The Military Production Ministry signed an agreement with China's Dongfang Electric on Friday that will see both sides cooperate on…
Misr Aluminum to issue global tender for new EGP 10 bn factory before year’s end
State-controlled Misr Aluminum Company will issue a global tender before the end of this year for a new EGP 10…
Amut Ecotech establishes waste recycling plant in Minya
Italy’s Amut Ecotech installed a waste recycling facility in Minya that will begin operations next month, Plasteurope.com reports. The plant…
LG Egypt is set to start production on its new washing machine line at its 10th of Ramadan City plant before year’s end
LG Egypt is set to start production on its new washing machine line at its 10th of Ramadan City plant…
Alpla launches new production plant in 10th of Ramadan
Austrian packaging manufacturer Alpla launched a new EUR 25 mn plant in 10th of Ramadan City yesterday through its joint…
El Araby Group inaugurating EGP 250 mn washing machine factory
El Araby Group is set to inaugurate today a EGP 250 mn washing machine factory with a production capacity of…
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