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Otsuka breaks ground on new USD 40 mn factory
The factory should be up and running by September 2025
A new investment zone, a new industrial zone and more approved by the cabinet
Cabinet approved the establishment of a new integrated investment zone in Abu Rawash
Redrafted Labor Act receives provisional approval from House committee. PLUS: News from Kazyon, Tez Tours, Huawei, B-Well
The redrafted bill will be sent to the cabinet for approval and then referred back to the House
Egypt is officially malaria-free
WHO declares Egypt malaria-free: Egypt has been declared malaria-free following a 100-year effort to battle the disease — an achievement…
Raya Foods’ mystery suitor is Helios Investment Partners
Financial Advice Corporate Transactions was tapped as independent financial advisor
Zafarana wind farm sale pushed back? PLUS: News from Eastern Company, Rameda, Fawry
The Zafarana wind farm had been reported to be the subject of ongoing negotiations earlier this month
Scatec secures German grant for the Egypt Green Hydrogen plant. PLUS: News from PayTab, CFI, Beltone
Germany’s PtX Development Fund granted Scatec EUR 30 mn for the plant
More locally-made BYD models to come? PLUS: News from USAID, Premium Healthcare, Oppo
The models will include a hybrid and a gasoline-powered model
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