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China’s Hebei Iron and Steel plans Ain Sokhna iron factory
China’s Hebei Iron and Steel Group is looking to set up an iron factory in Ain Sokhna, the company said…
Angel Yeast inaugurates the first yeast extract factory in Beni Suef
China’s Angel Yeast has inaugurated its yeast extract factory in Beni Suef, according to Food Navigator. The plant is expected…
El Sisi brings up Russian flights to Egypt with Putin, but no breakthrough yet
Emiratis want to get involved with the RIZ, Putin tells El Sisi: The UAE has expressed interest in investing in…
Investors in Assiut blame IDA for 1,000 suspended factories
Investors in Assiut are blaming the Industrial Development Authority for stalling the process of granting industrial permits to 1k factories…
Egypt’s gov’t plans to set up aluminum factory in Saudi Arabia or UAE
The Public Enterprises Ministry is mulling setting up an aluminum factory in either Saudi Arabia or the UAE through a…
Egypt’s small pharma factories could face shutdown after 4x registration fee hike
A fourfold increase in medical registration fees is putting 154 small-scale pharma manufacturers at risk of shutting down, Medical Union…
Egyptian snackfoods giant Edita receives MAD 15 mn grant from Morocco
Edita receives EGP 25.4 mn grant from Morocco’s gov’t under manufacturing incentive program for foreign investors: Edita’s Moroccan subsidiary, Edita…
Gov’t to set natgas, electricity prices twice a year for all industries
Gov’t looking into setting natgas, electricity prices twice a year for all industries: The government will revise the price at…
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