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China’s Befar wants to build USD 2 bn chemicals production complex
The complex will be powered by renewable energy sources and create 1k jobs
We’re in for more support from the AfDB. PLUS: News from EEHC, Techno Frame, Agriculture Ministry
DEVELOPMENT FINANCE- A new support package from the AfDB: The African Development Bank (AfDB) has signed off on a USD…
Turkish textile firm to invest USD 500 mn in new Egypt factory
The factory could lower the country’s import bill by USD 1 bn a year
What needs to be done for AfCFTA to open the door for Egyptian exports to Africa
The continental trade agreement was signed four years ago, but has yet to bear fruit
Emirates NBD Egypt signs EUR 30 mn loan agreement with Hayat Egypt
The loan will help fund a USD 70 mn tissue factory in Ain Sokhna
Gas production slumps to three-year low in September. PLUS: News from Infinity, SODIC, InstaPay, and the IDA
Egypt produced 4.7 bn cubic meters of gas per day in September, down 6% from August
Benya and Khazna to break ground on 25 MW data center in 1Q 2024. Plus: Osilan, Protech, Beltone, Capgemini, and more
The project cost comes in at a total of USD 250 mn
EgyptSat Auto secured its golden license, but are unclear industry standards in the way?
No clear road after EgyptSat Auto golden license: Egyptian automotive company EgyptSat Auto successfully obtained the golden license late last…
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