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Delayed factories are getting up to an 18-month construction grace period to start operating
Projects closest to completion will receive full late-penalty waivers, while repeat delays get one final three-month window
Global consortium pitches USD 5 bn medical cities for New Capital and New Alamein
Good morning, everyone. We have three stories today about how the government is pushing assets — factories, properties, and natural…
The FRA registered a third collection firm as the legal logjam continues to clear
Plus: Austria’s RHI Magnesita is studying a refractories plant to supply Egypt’s heavy industry
Government to auction eight billet licenses this August with 2.8 mn tons of new capacity
Ashry Steel has earmarked EGP 12 bn to compete for a 1 mn-ton-per-year license, mostly poised for exports
Simplex raises new funding round to up CNC annual production capacity to 3.5k units
Simplex is looking for an international strategic partnership as it pushes further into regional markets
Oil Ministry targets 160 new oil and gas wells with USD 7.2 bn in foreign investment
Plus: Eipico and Spectrum Diagnostics inaugurate two advanced biologics and rapid-testing facilities
Egypt has industrial solar targets but no decree or rulebook to enforce them
Months after unveiling its industrial renewables push, the government is still working on implementation
Karm Holding is planning to build a solar microgrid to unlock South Sinai's stalled industrial zone
The system should cut tenant factories’ energy costs by 30-60% against diesel, Karm says
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