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Orascom Construction and Al Ahly Capital to build West Cairo industrial park
Orascom Construction + Al Ahly Capital partner on new industrial park: Orascom Construction (OC) subsidiary Suez Industrial Development Company (SIDC)…
As Egypt moves forward with its import substitution strategy, what sectors are in focus to shift to local manufacturing?
Which sectors are taking priority in the push towards localizing manufacturing to slash imports? The government signaled its focus on…
Elsewedy Electric opens Africa’s first busway system factory
Elsewedy Electric has launched Africa’s first busway epoxy system factory in Tenth of Ramadan City, according to a statement(pdf). The…
Madbouly announces plans to privatize state assets + boost private investment
Madbouly announces plans to privatize state assets + boost private investment: Prime Minister Moustafa Madbouly outlined the government’s plans to…
The rise of smart industrial parks in Egypt
ENTERPRISE EXPLAINS- You’ve heard of smart cities — now get ready for smart industrial parks: Industrial park developers in Egypt…
Canal Sugar Company gets EGP 12.5 bn syndicated loan for sugar beet factory
Canal Sugar Company has secured loans worth EGP 12.5 bn from a consortium of 10 banks led by the National…
German fiberboard maker enters Egypt through JV with Egypt Kuwait Holding
German fiberboard producer Homann Holzwerkstoffe is acquiring a 27% stake in Egypt Kuwait Holding (EKH)’s subsidiary Global MDF Industries, EKH…
Manufacturers get a break with exemption from L/C requirements for some imports; CBE will meet with some importers to make sure they have access to FX
Production inputs and raw materials will be exempt from CBE rules handed down inFebruary that has required the vast majority…
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