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Katilo invests EGP 90 mn New Damietta City factory
Dairy products manufacturer Katilo will begin operations at its new EGP 90 mn factory in New Damietta City next month,…
Manufacturing
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Domty to invest EGP 75 mn to add two new production lines this year
Domty Food Industries is investing EGP 25 mn to set up a new mozzarella cheese production line by the end…
Earnings watch: Domty records uptick in 1Q2020 profits
EARNINGS WATCH- Domty profits up 11% in 1Q: Arabian Food Industries (Domty) recorded EGP 32.1 mn in net profit in…
Samsung is planning to invest USD 84 mn in Egypt over the next five years
INVESTMENT WATCH- Samsung is planning to invest USD 84 mn in Egypt over the next five years, including USD 23…
Egypt to build EGP 1 bn fiber-optic cable factory in Suez Canal Economic Zone
INVESTMENT WATCH- Gov’t to build EGP 1 bn fiber-optic cable factory in SCZone: The state-affiliated Arab Organization for Industrialization and…
Edita to add 200 trucks to distribution network, open new Morocco production facility this year
Edita will add 200 delivery trucks to its distribution network this year and expects to inaugurate a new production facility…
Last Night’s Talk Shows for 13 May 2020
‘Ala Mas’ouleety host Ahmed Moussa had the floor to himself last night, airing interviews with central bank deputy governor Ramy…
FRA green-lights Sika Egypt’s MTO for Bitumode
M&A WATCH- FRA green-lights Sika Egypt’s MTO for Bitumode: The Financial Regulatory Authority (FRA) has approved a mandatory tender offer…
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