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Egypt in talks with Chinese investor to build solar panel factory in Aswan
INVESTMENT WATCH- Military Production Ministry in talks with Chinese investors on USD 1 bn solar panel plant: The Military Production…
Manufacturing
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Correction
CORRECTION- Whirlpool will be assembling Whirlpool-branded washing machines in a partnership with MTI Holding. An earlier story in the domestic…
Egypt’s MIHC appoints Basel El Hiny as chairman and MD
MOVES- State-owned Misr Insurance Holding Company (MIHC) has officially appointed Basel El Hiny (LinkedIn) as company chairman and managing director,…
Domty plans new local investment as it temporarily shelves African expansion strategy
Domty will be committing new capital to the local market in the coming months after the company decided to postpone…
Markets suffers potato “crisis,” free internet for a month?
The spike in the price of potatoes was the hottest topic on the airwaves last night. But first: You’re may…
Egypt’s SEDICO to export locally manufactured medications to Italy
SEDICO Pharmaceutical Company has signed agreements to begin exporting five of its meds to Italy “in the coming period,” chairman…
Ezz Steel Rolling Mills to borrow EGP 2.5 bn for working capital, expansion
Ezz Steel subsidiary Al Ezz Rolling Mills is near closing a EGP 2.5 bn loan agreement with five local banks…
Marubeni to build textile factory in Kafr El Sheikh for Cotton Holding co.
Japan’s Marubeni Corporation will be building a new textile factory in Kafr El Sheikh for the Cotton & Textile Industries…
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