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We’re getting two more LNG shipments soon. PLUS: News from Telecom Egypt, EBRD, Stellantis
The shipments will head directly to the Ain Sokhna port
Hengsheng lays foundation stone for USD 70 mn textile factory in the SCZone
Hengsheng is looking to achieve annual sales worth USD 300 mn
The lowdown on the state’s component-based scheme for export support
Gov’t wants to base its export support program on the localization of components: In a bid to double the local…
Ezz Steel finishes 1Q 2024 in the green following 2023 losses
Revenues were up 80% y-o-y during the period
Dr Greiche Glass and High Glass ink strategic merger agreement
The merger is set to boost Dr Greiche’s annual production capacity by 150k square meters.
How Egypt’s ceramics sector is navigating challenges stemming from natgas shortages
Egypt currently houses 33 ceramics factories
Japan’s Saraya mulls another two SCZone projects. PLUS: Yacht tourism, City Lab + Cairo Clinical Labs, Afreximbank, Instapay, Mermec, Kima, Exits, Eagles Fert, Sky Abu Dhabi, Azimut
The projects would come as part of the second phase of the company’s USD 25 mn investment plan in Egypt
Fertilizer companies restart operations as gas supplies return. PLUS: Futek, Wellpal, Azimut, EdVentures, Orascom Development Egypt
The restarting of operations follows the resumption of production at Sidpec’s factory last week
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