China’s Xin Feng breaks ground on USD 1.7 bn Sokhna industrial complex
The project’s first phase will be operational early as 2027
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The project’s first phase will be operational early as 2027
The company plans to explore the US markets, with around 83% of production earmarked for export
The facility will start operations in 1Q 2026
Egypt’s orange industry is shifting to juice production as global shortages and rising costs squeeze fresh exports
Shares are priced at EGP 95 apiece
Good afternoon, friends, and welcome to the end of a condensed workweek. Today’s issue takes a look at the future…
Its other backers include E-finance, CIB, Suez Canal Bank, Misr Life Ins., and Midbank
The port is slated to give local exports access to new markets at lower costs
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