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Pharco + Ajlan & Bros to break ground on USD 150 mn Saudi pharma complex next month. PLUS: Turkish investment, OIH eyes Uzbekistan
Production is expected to start in 2024
Edita’s net income more than doubles in 1Q 2023
Demand continued to grow even as Edita ramped up prices
Australian consortium to invest USD 875 mn in phosphoric acid plant in Egypt
The plant will produce 700k tons of phosphoric acid a year
Edita to acquire frozen bakery producer Fancy Foods
Edita to invest EGP 400 mn over the next year to expand the business
More Chinese energy, chemicals, and textiles projects in the SCZone
The agreements signed are worth a combined USD 707 mn
Orascom Construction, Metito to build USD 2.4 bn desalination plant in Abu Dhabi. PLUS: Standard Chartered eyes Egypt, FX crisis hits Arab Alloys industrial complex
The project will process more than 500k cbm of seawater per day
Chinese consortium wants to build USD 300 mn ironworks in SCZone
A growing appetite in the SCZone green hydrogen projects
Officials call for legislative overhaul to boost industry
Attendees were discussing how to arrest the decline of Egypt’s industrial sector
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