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Suez Canal extension trial run opens the door for up to eight additional vessels per day. PLUS: Aman + Jarir Bookstore + Al Manea, Eni, Telecom Egypt
The extension increases the length of the canal’s two-way section to 82 km — up from 72 km
Growth picks up to 3.5% in 1Q FY 2024-25 despite drops in energy production and Suez Canal revenues
Non-oil manufacturing grew 7.1% y-o-y in 1Q, marking its second consecutive quarter of growth
A new EGP 30 bn financing initiative for industry
Good morning folks, and a very happy New Year’s Eve to you all. Thought we’d send you off into the…
Al Mansour Auto, SAIC’s USD 135 mn MG manufacturing plant to go live in 2026
The factory is set to kick off production in 2Q 2026 will have a local component ratio exceeding 45%
Gov’t unveils EGP 30 bn industrial initiative
The initiative will target the pharma, food, engineering, and chemical sectors among others
The most notable foreign investments secured in 2024
Egypt secured investments from companies and investors across the globe
How Egypt’s industrial sector fared in 2024: Part II
The government introduced structural reforms that sought to jumpstart manufacturing and strengthen its localization initiatives
Gov’t announces EGP 30 bn industrial initiative
Good afternoon all you wonderful people, and happy Sunday. Read on for all the latest on a new EGP 30…
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