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A new government spells new policy, and the industrial sector has thoughts
One of industry’s most pressing concerns is reducing production costs to assure local and global competitiveness
Turkish USD 700 mn denim factory gets gov’t greenlight. PLUS: Ades inks drilling contract, Forbes International Tower to cost USD 1 bn, Sahl eyes digital banking license, Alwady Green heads to KSA
The factory will be built on an area of 100k sqm and will provide around 5k jobs during its first…
EBRD mull funding Masdar-Infinity wind farm. PLUS: Simplex to open new factory, USAID + Banque Misr
The loan is for over half of the overall estimated cost of EGP 12 bn
Chips and solar panels made in Egypt?
Good morning, wonderful people. In our last issue before most of us take the whole of next week off —…
Masria Digital Payments ups payment card production with new production lines. PLUS: Al Ahly CIRA, Inversion, Shalateen Mineral Resources
The new production lines will increase MDP’s annual production capacity by 20% to 36 mn payment cards
Al Gioshy Steel to set up new production line in 2025, delays listing plans
The steel manufacturer wants to double its production of rebar in 2024
State-owned Gypto Pharma signs strategic partnership with US-based Abbott. PLUS: Funds for EgyptAir
Under the partnership, Gypto will locally manufacture six painkillers and antibiotics
Manufacturer of the Month: Chocolate maker Mars Egypt
Mars Egypt has earmarked USD 250 mn in new investments for its Egypt factory, aiming to transform it into a…
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