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THIS EVENING: Japan’s Yazaki signs land agreement for Fayoum factory
Good afternoon, friends, and welcome back. We hope you’re all easing back into the flow of a new workweek, and…
Gennecs’ huge vaccine plant + four other projects receive golden licenses
The plant is expected to produce 300 mn vaccines a year, making it the largest of its kind in the…
Swedish appliances manufacturer Electrolux to exit Egypt
The Zanussi manufacturer will sell all of its brands and assets in Egypt as part of global “reprioritization” plans
MEDCOM signs EGP 1 bn MoU to develop infrastructure at Madinet Masr’s Taj City. PLUS: New mining exploration tender, Shanghai Shengda
The contractor will develop the water system, lighting, road networks and utilities in several areas of the development
Investors pitch for three fertilizer complexes worth USD 1.6 bn
More investment into the local fertilizer sector could be on the way:The General Authority for the Economic Zone of the…
Project profile: A new specialized manufacturing zone in East Port Said designed to develop Egypt’s automotive industry
EPAZ will offer incentives to manufacturers that meet certain standards and criteria
Ikarus Electric wants to establish 200 EV charging stations in three years. PLUS: New Radisson hotel, Concrete Plus-Saudi collaboration, EgyptAir in Manchester
The company received a one-year license to establish stations last month
Cement factories want production cuts extended as demand slides
A decline in the demand for cement has left producers grappling with lower prices
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