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Food exporters want to return to old subsidies framework
Food exporters want a return to old subsidies framework, with a few minor tweaks: The Food Export Council has sent…
Manufacturing
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What we’re tracking on 26 July 2020
It’s a slow news day to get this second shortened workweek started — with just about everyone in the private…
Ibnsina considers minority share purchases through new SPV
M&A WATCH- Ibnsina Pharma is looking potential investments in unnamed pharma manufacturing companies through a newly-established special purpose vehicle (SPV),…
Futek to invest EGP 60 mn medical devices line
Futek Lighting will invest EGP 60 mn to add a production line for medical devices — including pulse oximeters to…
Al Gioshy Steel postpones expansion, blames new import tariffs
Al Gioshy Steel has postponed plans to add a production line to its steel rebar production facility, citing the Trade…
CPC invests EGP 300 mn into Sadat City industrial zone infrastructure
Saudi Arabia’s Construction Products Holding Company (CPC) has invested EGP 300 mn into its infrastructure development project for the Sadat…
Egypt’s Ibnsina Pharma launches phone app to allow pharmacists to place orders
Ibnsina Pharma has launched an app that will allow pharmacists to place and track orders, the company said in a…
Cotton and Textile Industries Co. signs EGP 780 mn agreement with Misr Spinning and Weaving for cotton spinning factory
State-owned Cotton and Textile Industries Company has signed a EGP 780 mn agreement with Misr Spinning and Weaving Company after…
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