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Sumitomo to set up EGP 1 bn factory to make and export wiring harnesses
Japanese manufacturer Sumitomo Wiring Systems is planning to set up a EGP 1 bn factory in Tenth of Ramadan City…
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Foreign investors will soon be able to apply for five-year renewable residence permits
INVESTMENT WATCH- Foreign investors will soon be able to apply for five-year renewable residence permits under amended regulations from the…
LG Egypt to invest USD 50 mn in manufacturing facilities over the next three years
INVESTMENT WATCH- LG Egypt to invest USD 50 mn in manufacturing over the coming three years: LG Egypt is planning…
Abdel Wahab as GAFI head renewed until 2021, Fine appoints new Egypt boss
MOVES- Prime Minister Moustafa Madbouly has renewed Mohamed Ahmed Abdel Wahab’s term as the chief executive of the General Authority…
Egypt to launch fourth phase of industrial investment map in October
The Trade Ministry is planning to launch the fourth phase of its online industrial investment map in October, Hapi Journal…
Lekela Power is directing “most” of its investments to Egypt
INVESTMENT WATCH- Lekela is directing “most” of its investments to Egypt: Actis-backed Lekela Power is planning to funnel “most” of…
New companies rise 15% in June -GAFI
The number of new companies that were set up in Egypt in June rose 15% y-o-y to 1,672, General Authority…
GAFI approves 30 new projects for CPC Egypt
GAFI has approved 30 new projects by CPC Egypt for Industrial Development in Sixth of October, a cabinet statement said…
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