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Healthcare outfit ICMI invests EGP 30 mn to expand production
Healthcare outfit the International Company For Medical Industries (ICMI) has invested EGP 30 mn to finance its expansion plans in…
VW interested in assembling nat-gas vehicles in Egypt
Volkswagen is interested in assembling natural gas-powered cars in Egypt, and is willing to increase its usage of locally-produced components,…
Earnings watch: Elsewedy Electric, Oriental Weavers, Domty
EARNINGS WATCH- Elsewedy Electric’s net profit dropped 22.2% to EGP 2.7 bn in 9M2019, down from EGP 3.5 bn during…
Egypt’s Multi Apex Pharma to set up factory in Saudi Arabia
Egypt-based Multi Apex Pharma is planning to set up a 15k sqm production facility in Saudi Arabia, the company's chairman,…
Mondelez begins making Milka chocolate in Egypt
Snack-maker Mondelez has begun operating a new production line at its Tenth of Ramadan City facility to manufacture Milka chocolate,…
Last night’s talk shows for Wednesday, 6 November 2019
President Abdel Fattah El Sisi’s inauguration of several national projects in Sinai and Suez received a lot of attention from…
Toshiba, Elaraby Group sign EGP 4 bn partnership contract to export televisions
Japanese electronics producer Toshiba and Elaraby Group signed a EGP 4 bn partnership agreement to assemble and export television sets…
Nat gas price cuts for the petrochem industry may be on the way
Nat gas price cuts for the petrochem industry may be on the way: The Madbouly government is considering introducing a…
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