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The Madbouly government is getting behind local industry in bid to drum up FX
PM Madbouly has been visiting an industrial zone every month as part of a campaign to support local industry
Recapping Egypt’s manufacturing development strategy through to 2030
Government sees transformative industries accounting for 20% of GDP by 2030
AD Ports inks USD 3 mn initial agreement to run three cruise terminals. PLUS: ex-NDP HQ complex, Russian EV factory, Tasweyat capital increase
AD Ports is expected to ink the final 15-year concession agreement in 1Q 2024
Egyptian Competition Authority slams 33 printing presses for violations. PLUS: Egyptalum raises prices
The companies were found to have coordinated with each other to rig the tender
Chinese luggage company inks agreement for USD 50 mn factory
The factory is expected to begin production in 1Q 2025
MAFI inks contracts for USD 300 mn agri-food industrial complex
The complex has earmarked 90% of production for export
Ahmed Ezz ups his stake in own company. PLUS: News from SODIC, Gorilla Technology, El Etreby
Steel magnate raised his stake to 66.4%
Industry players had hopes of a good year in 2023, but challenges remained
The year saw some gov’t initiatives amid difficult macroeconomic conditions
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