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Local consortium taps China’s CSCEC, ECEC to build USD 658 mn phosphoric acid production plant
The project will produce 250k tons of high-concentration commercial phosphoric acid a year in its first phase
How Egypt’s recent gas crunch strained the industrial sector
The sudden shortage in gas supplies has shown the energy system’s structural weaknesses and forced emergency government intervention
BSH opens first African factory in Egypt with EUR 55 mn investment
Half of the factory’s output will be exported to Africa, the Middle East, and beyond
China’s XGY, AOI to establish USD 100 mn medical equipment factory
The new facility will supply 40% of Egypt’s medical imaging equipment needs
Turkey’s Şirikçioğlu to establish a USD 20 mn denim factory in Qantara West. PLUS: Egypt-Sudan logistics zone, GB Auto + Changan, Paragon Developments, Norpetco
The factory will create 500 direct jobs and roll out 18 mn tons of raw materials for the textile industry…
Israel presses pause on Egypt gas exports following US strikes on Iran. PLUS: Yacht tourism initiative, GE Healthcare + Al Safi Group
Israel had only just resumed gas exports on Thursday after a six-day pause
Ride-hailing app Arrw secures operating license. PLUS: Real estate funds, Nowpay + United International Holding Company
The company will kick off operations with a three-month trial period in Alexandria and the North Coast
Stellantis kicks of local production of Citroen model with 7k annual rollout target
Another locally produced model in cooperation with Stellantis will roll out in late 2026
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