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Indian companies to cooperate with Egyptian textile manufacturers
An unnamed Indian company is planning to invest EGP 40 mn in Egypt’s textile sector, and will increase its investment…
Manufacturing
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Panasonic plans to double its business in Middle East, Africa
Panasonic is planning to more than double its Middle East and Africa business in its current fiscal year, which ends…
Sumitomo Electric Wiring Systems Egypt opens second plant in Egypt
Japanese-British firm Sumitomo Electric Wiring Systems Egypt opened its second EGP 200 mn automotive electric wiring systems factory yesterday, according…
Trade Ministry establishes committee to draft health and safety requirements for industrial permits
Trade and Industry Minister Tarek Kabil ordered the establishment of a new committee on Monday that will draft the health,…
Production resumes at Sidpec after last month’s fire
Production at Sidi Kerir Petrochemicals Company (Sidpec) resumed last week following a fire last month at the company’s ethylene production…
Australia’s Mineral Technologies awarded tender to supply drilling gear for Black Sand project
Australia’s Mineral Technologies was awarded a tender on Monday to supply drilling equipment for the black sand extraction project in…
Arafa Holding establishes JV with Italy’s Gherardi to export ready-made garments
Arafa Holding established a joint venture with Italian garment-maker Gherardi at the Dubai Multi Commodities Centre yesterday, according to an…
Banks stop funding 50% of Upper Egypt factories for lacking permits
50% of factories in Upper Egypt have stopped production after banks reportedly refused them financing, Assiut Investors Association head Ali…
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