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Egypt to launch EGP 70 mn solid waste recycling facility in Minya next year
Egypt is set to launch a EGP 70 mn solid waste recycling facility in Minya next January, Environment Minister Yasmine…
UBF to establish EGP 40 mn factory to produce for Cinnabon
The United Beverage and Food Company (UBF), Cinnabon’s local agent, is planning to set up a EGP 40 mn factory…
Al Madar, SEII consortium to decide on Emisal bid this week
M&A WATCH- Al Madar, SEII consortium to decide on Emisal bid this week: A consortium of Kuwait’s Al Madar Finance…
Coca-Cola Egypt is planning to invest USD 500 mn over three years
INVESTMENT WATCH- Coca-Cola Egypt is planning to invest USD 500 mn over the next three years, General Manager Ahmed Rady…
Raya Trade to launch washing machine production line in 1Q2020
Raya Holding subsidiary Raya Trade is launching a washing machine production line at an unnamed local company’s factor in 1Q2020,…
Gov’t to decide fate of Egyptian Iron and Steel after talks with stakeholders
Gov’t to decide fate of Egyptian Iron and Steel: The government will soon hold talks with the House of Representatives,…
Attracting FDI into the automotive sector remains a challenge, El Sisi admits
INVESTMENT WATCH- Attracting FDI into the automotive sector remains a challenge, El Sisi says: The government hasn’t been able to…
Galina-Agrofreeze to set up EGP 80 mn fruit concentrates factory
Galina-Agrofreeze is planning to invest EGP 80 mn in a new factory to produce fruit concentrates, Chairman Abdel Wahed Soliman…
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