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Egypt’s Nassar, UK’s Donaldson, Adams discuss post-Brexit cooperation
Post-Brexit trade between Egypt and the UK kicks into gear: Trade and Industry Minister Amr Nassar discussed post-Brexit economic cooperationwith…
ACC to restructure outstanding loans through new syndicated loan
Cement supplier Arabian Cement Company (ACC) is receiving a syndicated loan from the European Bank for Reconstruction and Development and…
No subsidies for electric car charging in Egypt, companies seeing potential
No subsidies for electric car charging stations? The Electricity Ministry will not subsidize electricity sold to recharge electric vehicles, Electricity…
Egypt’s Edita Food Industries to invest EGP 300-350 mn next year to increase capacity
Edita is planning to invest EGP 300-350 mn next year to increase production capacity and finance overseas expansion, CEO and…
Trade minister downplays ‘automotive directive,’ says talks are ongoing with unnamed global car manufacturers on Egypt investments
Trade Minister: Please stop asking about the “automotive directive.” Trade and Industry Minister Amr Nassar threw cold water on years…
Chinese company to invest USD 300 mn in steel factory in Egypt’s Ain Sokhna
INVESTMENT WATCH- An unnamed Chinese company is looking to invest upwards of USD 300 mn next year in a new…
El Sisi holds talks with MbS on Egypt-Saudi investment and joint projects
President Abdel Fattah El Sisi held talks yesterday with Saudi Crown Prince Mohammed bin Salman, who landed in Cairo on…
Raya to begin manufacturing air conditioners in USD 4 mn factory in Egypt
Home appliance distributor Raya Trade is mulling between Sadat City and 6 October for the location of their USD 4…
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