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Apache Egypt appoints Greg McDaniel as country manager + New Mercedes-Benz Egypt CEO
“We will continue to work closely with Minister Badawi and his team as we further strengthen our commitments in the…
Scatec, John Cockerill, Rely, and SLB to team up on local electrolyzer manufacturing
The move comes as Egypt seeks to double down on its plan to become a green hydrogen export hub
More international players are interested in Damietta’s green ammonia project. PLUS: News from Taqa Arabia, Premium Healthcare
The project will produce around 150k tons of green ammonia annually in Mopco’s factories
New energy incentives aim to boost domestic production and foreign investment
Incentives include increasing production sharing ratios with foreign companies in exchange for new investments
Premium Healthcare wants to increase its capital. PLUS: News from SCZone, Magnom Properties
The company is considering raising its capital through share swaps with acquired entities
Elsewedy Electric partners with Siemens to develop USD 800 mn power plant in Saudi Arabia
The move comes as more and more Egyptian firms bring their expertise to bear in the Saudi market
AstraZeneca to nearly double local pill production by 2028 as part of USD 50 mn plan. PLUS: BAIC Group, Fiat + Dynamic Distribution, Capricorn, Jaz Hotel Group, Ferrum Egypt, NextEra, Makanak, Melee, City Lab
The big pharma giant also wants to localize 80% of units produced at its Egypt plant by 2028
No more power cuts, more investments, and more from Madbouly’s latest presser
Our natural gas output will return to normal levels before June 2025
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