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The impact of recent price hikes on industrial players
A look at the challenges facing the industrial sector amid rising energy prices: Egypt’s industrial sector is currently undergoing a…
Al Mansour Automotive to invest USD 100 mn in the local market
The company will use the funds to enhance its local manufacturing capabilities
Alexandria for Industrial Development to build USD 120 mn worth of turnkey factories for foreign companies. PLUS: United Bank, Fawry, Raya CX, eAswaaq + Post for Investment, Trellix
The company is currently setting up a pipe manufacturing facility for a Chinese investor
China’s Haier lays foundation stone for second phase of industrial complex
This second phase of the project will have a production capacity of 300k refrigerators and deep freezers
Construction of new USD 30 mn Chinese chemical factory from Kemidi in Ain Sokhna kicks off
There are upwards of 160 Chinese companies in the SCZone, who have collectively invested around USD 2 bn
Turkey’s Beko has officially set up shop in Egypt with new USD 100 mn factory. PLUS: SEIC + Abu Qir Fertilizers, Beko, EgyptAlum, Zilla Capital, City Lab + Cairo Clinical Lab
Beko is among a number of companies that have received golden licenses to operate in Egypt
City Lab is set to finalize its acquisition of Cairo Clinical Labs tomorrow. PLUS: MB Engineering, Educalty, NextEra Education, EgyptAlum
City Lab’s board also approved the fair value study of acquisition target Cairo Clinical Labs, which values the firm at…
Gov’t wants to launch over USD 300 mn worth of PPPs at Dekheila Port. PLUS: Cairo International Airport, Le Mans, Citibank, Beyti, CI Capital
The Dekheila Port development plan has reached 45% completion, our source said
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