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Egypt’s automotive incentives package could soon see the light of day
Trade Ministry finalizes method to calculate local content’s added value under larger automotive strategy: Trade Ministry officials have finalized a…
Manufacturing
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Manufacturing
Denmark’s Orana to expand its business in Egypt
Danish fruit concentrate manufacturer Orana is planning to expand its business in Egypt, according to Jeppe Søndergaard Pedersen, a public…
Damietta Furniture City signs agreement to export EGP 100 mn of products
The Damietta Furniture City Company signed its first export agreement worth EGP 100 mn with unnamed US investors, according to…
Saudi Arabian Monetary Authority to grant IDB USD 15 mn
The Saudi Arabian Monetary Authority has agreed to provide a grant of USD 15 mn to the Industrial Development Bank…
Italian investments in Egypt to reach USD 3.2 bn in 2020
INVESTMENT WATCH- Italian businesses will double their investments in Egypt to EUR 3.2 bn next year, President of the Italian…
Mansour Group to set up food and beverage JV with Egypt’s TBS
INVESTMENT WATCH- Mansour Group to set up food and beverage JV with TBS: Mansour Group is in talks with TBS…
Papermaker Fine has long-term plan to debut on Egypt’s exchange in 2023
IPO WATCH- Fine Hygienic Holding has a long-term plan to debut on the EGX by 2023, CEO James Michael Lafferty…
Legrand looks to acquire an Egyptian electric meter manufacturer
French industrial group Legrand aims to fully acquire an Egyptian company that manufactures electric meters and is currently in negotiations…
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