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Abu Auf plans new EGP 75 mn coffee factory in Tenth of Ramadan industrial city
A subsidiary of commodity player Abu Auf is planning to set up a EGP 75 mn coffee plant in the…
Egyptian banks dole out EGP 69 bn from CBE’s EGP 100 bn subsidized loan initiative
Banks dole out EGP 69 bn to local industry under CBE’s EGP 100 bn subsidized loan initiative: Egyptian banks —…
European automakers eyeing component manufacturing in Egypt?
European automakers eyeing component manufacturing in Egypt? Three European automotive manufacturers are looking at setting up “strategic partnerships” with auto…
Egypt to keep imposing anti-dumping duties on Chinese synthetic fiber blankets
The Trade and Industry Ministry will keep in place 55-74% anti-dumping duties on synthetic fiber blankets imported from China until…
Edita’s Morocco arm obtains USD 8.2 mn loan to fund new facility
Edita Food Industries’ Morocco-based subsidiary has acquired a MAD 80 mn (c. USD 8.24 mm) from the Arab Bank’s branch…
Acdima signs MoU with SK Plasma to produce plasma-derived products
Acdima Pharma signed an MoU with South Korea’s SK Plasma to produce plasma-derived medicinal products in Egypt, the local press…
Your top infrastructure stories of the week
Your top infrastructure stories of the week: Elsewedy secures Mostakbal City project: Elsewedy Electric’s Trading & Distribution unit signed a…
Is the lack of infrastructure at industrial zones slowing down development?
Is the lack of infrastructure at industrial zones slowing down their development? A dispute between the government and companies in…
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