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Gov’t talks railways, renewable energy with Siemens on second day of ministerial visit to Berlin
Gov’t talks railways, renewable energy with Siemens during ministers’ second day in Berlin: Siemens looks like it will be doing…
Egypt’s Elsewedy secures USD 100 mn loan from BM for Africa expansion plan
Elsewedy Electric has signed a USD 100 mn loan agreement with Banque Misr to finance expansion plans in Africa, sources…
Egypt’s Agawany for Industrial Machines planning metal moulding machine factory
Agawany Group’s El Agawany for Industrial Machines is planning to set up a factory to manufacture metal moulding machinery at…
Egypt’s SMEs federation building 90-feddan small manufacturing project complex
The group of SMEs is building a 90-feddan complex for small and medium ready-made garment, food, medical supplies and engineering…
Egypt’s state-owned SIDPEC stake sale preparations underway
Sidpec stake sale preparations underway: Preparations are underway to kickstart the bookbuilding process of a 30% stake sale in Sidi…
Gov’t agrees to start incentives for car manufacturers that use at least 45% local content
EXCLUSIVE- Cabinet agrees in principle on incentives for car manufacturers that use at least 45% local content: The cabinet has…
Kima 2 fertilizers plant to be inaugurated by Sisi on 30 June
Egyptian chemicals company Kima will begin operations at its new manufacturing facility “Kima 2” in Aswan on 30 June after…
Toyota snubs Saudi Arabia
Toyota snubs Saudi Arabia: Toyota is reportedly backing out of plans to build a car plant in Saudi Arabia, sources…
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