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Gov’t overhauls industry financing, with some EGP 90 bn allocated for operations
New fund in partnership with CI Capital to finance struggling factories + an expansion of working capital initiatives + localization…
JTI to add a new EUR 5 mn cigarette production line next quarter
PLUS- Thndr secures asset-management and portfolio-management licenses
Egypt’s iron and steel industry is showing cracks
Recent local price cuts have raised a question: Is the crisis over, or is the market facing another problem amid…
Egypt’s GDP grows at 5.3% in 1Q FY 2025-2026
Good afternoon, friends, and congrats on making it through a busier-than-usual week. While we have been readying for the weekend…
Prometeon to invest USD 400 mn to boost local production
The fresh funds will go towards boosting output and upgrading the company’s existing Alexandria plant
Egyptian textile exports are up in 2025, and tariffs seem to be helping
Export growth remains strong across traditional and new markets despite trade headwinds
Deloitte Innovation Hub has big investment plans for Egypt
PLUS- Almarai subsidiary Beyti inaugurated five new production lines at its Nubaria factory
KB Denim to set up USD 300 mn factory
PLUS- Qalaa Holding’s ASEC Cement has won an international arbitration case against Algerian company Zahna Cement
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