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Oryx Metal Industries to Invest EGP 100 mn in Egypt
The UAE’s Oryx Metal Industries will invest EGP 100 mn in to acquire a concrete plant in Sixth October City,…
Manufacturing
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Looks like the Investors’ Association might lobby for a higher minimum wage
The commie-capitalists at the Union of Egyptian Investors Associations (UEIA) are at it again, forming a committee to lobby for…
Oil Ministry, Sidi Kreir to establish USD 1 bn polypropylene factory
The Oil Ministry and the Chemical Industries Holding Company are planning to cooperate with Sidi Kreir Petrochemicals to establish a…
Government announces it will launch tenders for eight industrial complexes in May
The government will be issuing tenders for eight new industrial complexes in Upper Egypt in May, according to Trade Minister…
Schneider Electric to supply equipment to EGP 12 bn Ain Sokhna phosphate fertilisers complex
Schneider Electric will supply and install equipment in nine factories at Ain Sokhna’s EGP 12 bn phosphate fertilizers manufacturing complex,…
Cement market sees 18 mn tons surplus in supply during 2016
The cement market produced 18 mn tons more than the local market wanted to buy last year, with total production…
Rubex to complete development of a total of 12 factories by the end of 2017
Plastics manufacturer Rubex plans to complete the building of five factories in 2H17, said chairman Magdy El Taher. The factories…
Electronics manufacturers backtrack on price reductions after USD strengthens again
Electronics manufacturers have backtracked on announced price reductions due to the USD rate rising again, Industrial Investors Union chairman Mohamed…
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