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What we’re tracking on 28 May 2019
We finally have some corporate news today, with a rare case of M&A in the legal industry, interest from Blackstone…
Electrostar in talks for more export contracts in Africa
Home appliance manufacturer Electrostar is looking to grow its business 20% this year, in large part through increased exports to…
Egypt’s food safety watchdog completes updated whitelist of 112 approved food companies
The National Food Safety Authority (NFSA) has compiled a whitelist of 112 food and dietary supplement manufacturers and suppliers under…
Madbouly instructs gov’t to speed up industrial land allocation to Egypt’s investors
Prime Minister Moustafa Madbouly has called on the government to speed up industrial land allocation to investors, and to offer…
Egypt’s industry could catch a break from high electricity prices, gov’t to announce new rates “in days”
Manufacturers could catch a break as gov’t looks set to announce new electricity prices for industry today: Industrial producers could…
AOI signs agreement with India’s Vehant to improve security systems in Egypt
The Arab Organization for Industrialization (AOI) has signed an MoU with India’s Vehant Technologies to cooperate in improving security and…
Suez Cement suspends Tourah Cement Co operations due to losses
Suez Cement has decided to temporarily suspend the operations of Tourah Portland Cement Company, of which it owns 66.12%, on…
Egypt’s non-oil industrial output climbs 27.6% to EGP 185 bn in 3Q2018
Industrial output rises by more than a quarter in 3Q2018: Egypt’s non-oil industrial output jumped 27.6% in 3Q2018 to EGP…
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