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SCZone, Military Production Ministry to set up the largest pharmaceutical production area in the region
The Suez Canal Economic Zone and the Military Production Ministry are cooperating with the Armed Forces Medical Services Department to…
MANUFACTURING-
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LG reduces home appliances, entertainment devices
LG says it is reducing prices of its home appliances by 9% and home entertainment products by 11% after as…
India’s MB Textiles to invest USD 100 mn in new factory in Egypt
India’s MB Textiles is looking to invest some USD 100 mn to build a new textile production facility in Egypt,…
Paperwork forming new company for SME factory bailout fund finalized
State-owned Ayady, the Tahya Misr Fund, and the National Investment Bank and BPE Partners have finalized paperwork for establishing the…
In & Out Furniture to establish four new factories worth EUR 92 mn
In & Out Furniture is going to invest EUR 92 mn in building four new furniture manufacturing factories, after the…
Military Production Ministry hopes to join the ranks of local auto feeders
The Military Production Ministry wants to join the ranks of local auto component makers and start manufacturing car parts to…
Jotun to open new EGP 1.2 bn factory in 2Q17
Norway’s Jotun Paints Company will launch a new EGP 1.2 bn paints factory in 10th of Ramadan City in 2Q17,…
SEMAF sourcing 15% of components for trams domestically
The Arab Organization for Industrialization’s SEMAF factory has contracted a Ukrainian company to build and supply 15 trams to Alexandria…
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