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New aluminum foil and sanitary ware factories set to see a total of USD 130 mn in investments
Good afternoon everyone, and happy almost-Thursday. The news cycle shows no signs of slowing down even as we barrel toward…
Hassan Allam Properties buys 110K sqm of El Gouna from Orascom Development for USD 37.4 mn. PLUS: Allianz Egypt, Tadweer, Chefaa, Luna, Didi
The sale is expected to attract investments in El Gouna’s infrastructure, amenities, and facilities
KSA’s Zamil Steel Construction plans to set up new heavy steel plant in Egypt
The factory will eventually export over 50% of its output
Vodafone Egypt, Telecom Egypt ink EGP 30 bn worth of infrastructure services, 5G agreements
Vodafone Egypt secured a 5G license from the National Telecom Regulatory Authority last month for USD 150 mn
Chinese automaker Jinbei to launch local assembly through its local agent
The company will begin by rolling out 3k vehicles in 2025, before upping output further
Higher energy costs push industry toward solar
Transitioning to solar can help speed the process of receiving to projects
Egyptian-Chinese JV to set up USD 360 mn tire factory in the SCZone
Production is expected to kick off by the end of 2025
Madbouly cabinet approves redrafted Labor Act during its weekly meeting
The cabinet approved two new golden license issuances
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