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LG plans to invest USD 17 mn on three new production lines
LG Electronics is planning to launch three new production lines to produce refrigerators, automatic washing machines and microwaves, with total…
Manufacturing
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Orchidia Pharma to invest EGP 200 mn to establish new eyedrops factory
Orchidia Pharma aims to invest EGP 200 mn to establish a new eyedrops factory in Obour City, Production Manager Mohamed…
Kima to commence trial operations on new facility starting June
Egyptian chemicals company Kima announced its intention to run trial operations in its new manufacturing facility “Kima 2” between June…
AAIB in talks with banks to arrange EGP 1 bn joint loan for Middle East Glass
The Arab African International Bank (AAIB) is looking to arrange a EGP 1 bn joint loan for EGX-listed Middle East…
MTI in talks with Whirlpool to manufacture home appliances in Egypt 2020
MTI Holding is in talks with its international partner Whirlpool to manufacture the latter’s full range of Whirlpool-branded home appliances…
Egypt’s holding for metallurgy signs MoU with Swiss efficiency consultant RCG
The Holding Company for Metallurgical Industries signed on Thursday a memorandum of understanding (MoU) with Switzerland-based metals industry-focused Research and…
AOI partners Malaysian company and is in talks with Austria’s Andritz
The Arab Organization for Industrialization (AOI) inked a cooperation protocol with a Malaysian company to plant and process 1.5 mn…
Military Production Ministry signs MoU with Chimide Polaska
The Military Production Ministry signed on Thursday a memorandum of understanding (MoU) with Poland’s Chimide Polska to set up a…
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