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Arab Organization for Industrialization to set up tire manufacturing city with unnamed Chinese partner
The first tire factory in the city will kick off operations within a year
SCA unveils package of incentives to boost yacht tourism. PLUS: News from AOI, DisrupTech, GB Capital
The incentives include a discount on fees
TMG, AOI partner with Schindler to localize elevator manufacturing
The facility is expected to produce 5k elevators a year over a ten-year period
Beltone Holding enter collaboration agreement with Bank of Africa Group. PLUS: Arab Organization for Industrialization, Turkish-Egyptian hospital in the new capital
The agreement marks a “key milestone in our regional expansion journey,” said Beltone Deputy Group CEO and Head of Investment…
Soda ash cash
The government’s soda ash project is still a go: The state-ownedcompany leading a project to build a soda ash complex…
The delivery of metro train with 40% local components dominated the airwaves yesterday
The Arab Organization for Industrialization’s SEMAF delivered a new metro train yesterday
Auto sales fall again in July + Stellantis could invest in its local auto factories
Auto sales halved in July from a year earlier as the market continued to struggle with import restrictions, inflation and…
MPs greenlight EUR 250 mn EBRD Alex metro loan
EBRD Alex metro loan gets House approval: MPs have approved a EUR 250 mn loan from the European Bank for…
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