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SEMAF sourcing 15% of components for trams domestically
The Arab Organization for Industrialization’s SEMAF factory has contracted a Ukrainian company to build and supply 15 trams to Alexandria…
Manufacturing
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Trade and Industry Ministry launches first phase of Upper Egypt investment map
The Trade and Industry Ministry has launched the website for its Upper Egypt investment road map, Al Borsa reported. The…
Finland’s Huhtamaki investing in new facilities in Egypt
Finnish food packing specialist Huhtamäki Oyj is investing in new facilities in Egypt, according to its 2016 financials release. The…
AOI’s Qader Factory in talks with German partner to launch ready-mix concrete production line
The Arab Organization for Industrialization’s Qader Factory for Developed Industries is in talks with a German partner to launch a…
Union Capital, BPE Partners to establish company to manage bailout fund for factories in distress
Union Capital and BPE Partners (formerly Beltone Private Equity) are planning a bailout fund to invest in distressed factories, Al…
AOI-affiliated SEMAF railway factory in talks with Hyundai Rotem to manufacture 1,314 freighter units for USD 500 mn
The Arab Organization (AOI) for Industry-affiliated railways factory SEMAF is in talks with Korea’s Hyundai Rotem to build 1,314 freighter…
Engineering Industries Export Council looking to boost exports by 25% this year
Members of the Export Council for Engineering Industries hope to boost the industry group’s aggregate exports by 25% this year…
Aswan Cement to apply for new cement license
Aswan Cement is looking to acquire a cement production license from the Industrial Development Authority (IDA) in a bid to…
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