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Updated Automotive Industry Development Program slashes local component ratios
The minimum local component ratio for fossil fuel cars was reduced by more than half to 20%
Oil Ministry confirms: Gas supplies secured
PLUS- Egyptians working abroad can now access accident ins. coverage of up to EGP 250k
Could Egypt become a global glass manufacturing hub?
With many different types of glass now being produced locally, the glass industry is becoming a sizeable part of the…
Non-oil private sector activity continues to decline in June
Good afternoon, friends, and welcome to the start of another workweek. Things are relatively calm on the homefront, and it…
More units at the Robbiki Leather City up for grabs
PLUS- China’s Gaund Holding Group is working towards launching its first floating hotel in Egypt
Chinese glassware company begins construction of USD 70 mn SCZone factory
Some 80% of the goods produced at the facility are earmarked for export
Al Safy wants to produce batteries + more Xiaomi products locally
The group is eyeing EV and phone battery production
Local consortium taps China’s CSCEC, ECEC to build USD 658 mn phosphoric acid production plant
The project will produce 250k tons of high-concentration commercial phosphoric acid a year in its first phase
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