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South Valley denies applying for new cement license
South Valley Cement issued a statement to the EGX denying it applied for a new cement license, after reports emerged…
MANUFACTURING-
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Royal Ceramica to open new factory, raise exports
Royal Ceramica is planning on opening a new plant with a production capacity of 20k square meters per day within…
SCZone finalizing talks with Siemens, GE for EUR 400 mn wind turbine blade factories
The Suez Canal Economic Zone (SCZone) is finalizing negotiations with Siemens and General Electric to establish two wind turbine blade…
Guangzhou Goodsense looking to build aluminum composite panels factory
China’s Guangzhou Goodsense Decorative Building Materials are looking to build an aluminum composite panels factory in Ataka in partnership with…
Samsung studying assembling new devices at Beni Suef factory
Samsung is studying assembling new products at its Beni Suef factory provided the 5-10% customs tariff on their components are…
Samsung Egypt begins manufacturing ACs at Raya’s factory
Samsung Egypt has been manufacturing air conditioners through factories belonging to Raya, Al Borsa reports. Contracting out production appears to…
Pakistan’s Saif Group meets with Investment Minister to discuss credit facilities
A delegation from Pakistan’s Saif Group met with Investment Minister Dalia Khorshid to discuss credit facilities for the Mediterranean Textile…
Sphinx Glass will invest USD 150 mn into new production line if gov’t cuts gas prices
Sphinx Glass is looking to invest USD 150 mn into a new production line in 2017, CEO Mohamed El Khattab…
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