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Home appliance distributors lower prices amid market stagnation and stronger EGP
Some household names were among those with sizable reductions, including Beko and El Araby Group
Turkey’s Beko has officially set up shop in Egypt with new USD 100 mn factory. PLUS: SEIC + Abu Qir Fertilizers, Beko, EgyptAlum, Zilla Capital, City Lab + Cairo Clinical Lab
Beko is among a number of companies that have received golden licenses to operate in Egypt
Beko’s appliance factory gets EBRD funding. PLUS: Centamin has big plans for Egypt
Beko’s home appliances factory is expected to produce 1.1 mn appliances a year
PM talks up the end of the FX crunch after tour of 10 Ramadan, Obour
PM says the investments are a sign that the FX crunch could soon end…
Egypt to ease payment terms for industrial land purchases. PLUS: Bosch subsidiary + Turkey’s Beko get golden licenses
Investors will pay a 10% down payment and get a two-year grace period
Hassan Allam Construction is building Beko’s first Mideast factory here
MANUFACTURING- Hassan Allam Construction tapped to build Beko factory: Turkish retailer Beko has contracted our friends at Hassan Allam Construction…
Schneider Electric to supply electric power equipment for real estate developers
Schneider Electric + real estate players to sign EGP 1 bn in contracts: France’s Schneider Electric is expected to sign…
Oppo set to assemble mobile phones in Egypt as Madbouly reviews investment pledges
All the industrial investment: Chinese mobile maker Oppo has inked an agreement to build a USD 20 mn factory in…