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China’s Hangzhou, Saudi’s Ajlan & Bros to set up aluminum factory in Egypt
China’s Hangzhou Jinjiang Group and Saudi’s Ajlan & Bros Group are planning to establish an aluminum factory in Egypt, according…
Egypt targets USD 5 bn auto sector FDI over two years
EXCLUSIVE- Gov’t targeting USD 5 bn auto sector FDI over two years: The government is hoping to attract USD 5…
Egypt’s administrative court turns down pending appeals to bring back iron tariffs
The administrative court has rejected all pending appeals to bring back a 15% import duty on iron billets, reports Masrawy.…
Ajlan & Bros looking to set up textiles facility, industrial and residential complex
Saudi menswear manufacturer Ajlan & Bros is planning to set up a textiles and garment production facility in Qena, Vice…
Mintra to begin production at sports shoes factory in October
Mintra is planning to begin operations at its new USD 50 mn Cairo sports shoes factory in October, according to…
More than half of Egyptian factories operating below 75% capacity
Almost two-thirds of Egyptian factories are operating below 75% capacity, government sources told the local press. The government aims to…
What we’re tracking on 25 July 2019
We did it, ladies and gentlemen — we survived the full duration of the IMF’s Extended Fund Facility. The fund’s…
PM establishes industrial zone for SMEs in Benha
Prime Minister Moustafa Madbouly issued a decree to create a specialized industrial zone in Benha, Qalyubia, dedicated to establishing SMEs,…
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