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Egypt is hosting its first EVs expo tomorrow
Good morning, all. It is looking like a busy day for business news here in Egypt as we sit tight…
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
EV companies want to expand charging infrastructure — but how can they do it?
The most controversial proposal revolves around using multiple charging protocols rather than a single, unified protocol
Abou Ghaly Motors secures EBRD funds to continue electrifying its London Cab fleet
The injection follows a EUR 10 mn loan in 2022 that funded the purchase of the auto group’s first 250…
OCI sells blue ammonia project for USD 2.4 bn. PLUS: News from Valu, KarmSolar, I-Score
The project will have a production capacity of 1.1 mn ton of blue ammonia per year during its first phase
Infinity Power eye USD 10.5 bn in renewables, EV infrastructure investments over the next five years. PLUS: British International Investment, Ezdehar, Azimut, Flynas
USD 10 bn will go towards renewables investments, while the remaining USD 500 mn will develop Infinity’s EV charging infrastructure…
Wastewater plants, schools, and electricity projects to soon be offered up for the private sector. PLUS: Sidpec, Integrated Diagnostics Holdings, Elsewedy Electric, Infinity
Four wastewater plants will be offered to the private sector within four months
Adnoc Distribution to manufacture motor oil in Egypt before the end of 2024
The company is also looking into obtaining a license to establish charging stations for EVs
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