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EAEU to build joint infrastructure in Russian Industrial Zone
The Eurasian Economic Union (EAEU) will build joint infrastructure in Egypt’s Russian Industrial Zone, the organization’s Industrial Policy Council decided…
Manufacturing
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Manufacturing
Godiva could set up a factory and stores in Egypt
Belgian chocolatier Godiva could set up shop in Egypt with chocolate stores and a factory to act as its regional…
Egypt’s Ceramica Cleopatra to invest EGP 6 bn in two new factories next year
Ceramica Cleopatra Group is planning to invest EGP 6 bn next year to set up two new factories to manufacture…
55 Russian manufacturers show interest in the RIZ
Fifty-five Russian manufacturers want to get in on the RIZ: Fifty-five Russian manufacturers have expressed interest in setting up shop…
EFIA to push gov’t to float natural gas price for all industry sectors
EFIA lobbies for new natgas pricing mechanism: The Egyptian Federation of Investors Associations (EFIA) will ask the Finance Ministry to…
Egypt’s rolling mills call for meeting with PM to discuss billet tariffs
Rolling mills have asked for “an urgent meeting” with Prime Minister Moustafa Madbouly over losses they are incurring due to…
ELAB to obtain EGP 1 bn syndicated loan led by the National Bank of Egypt
The National Bank of Egypt (NBE) is acting as lead arranger for a EGP 1 bn, seven-year syndicated loan for…
Korean companies express interest in partnerships with Egypt’s private sector
South Korean companies want private sector partnerships in Egypt: Twenty South Korean companies are looking to join forces with Egyptian…
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