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Dr Greiche Glass and High Glass ink strategic merger agreement
The merger is set to boost Dr Greiche’s annual production capacity by 150k square meters.
How Egypt’s ceramics sector is navigating challenges stemming from natgas shortages
Egypt currently houses 33 ceramics factories
Japan’s Saraya mulls another two SCZone projects. PLUS: Yacht tourism, City Lab + Cairo Clinical Labs, Afreximbank, Instapay, Mermec, Kima, Exits, Eagles Fert, Sky Abu Dhabi, Azimut
The projects would come as part of the second phase of the company’s USD 25 mn investment plan in Egypt
Fertilizer companies restart operations as gas supplies return. PLUS: Futek, Wellpal, Azimut, EdVentures, Orascom Development Egypt
The restarting of operations follows the resumption of production at Sidpec’s factory last week
Signify, Gila Electric plan to set up projects worth over USD 100 mn
The projects include a joint venture for the manufacture of lighting products, a factory for electrical panels, a solar power…
ITIDA, Telecom Egypt, and Nokia to establish internet protocol center of excellence in Cairo. PLUS: Emirates NBD Egypt, Arab Contractors, Antipollution Egypt, Schindler, EgyptAir + Air Cairo + Nesma
The center will initially export digital services to over 60 countries in the MEA region
TMG, AOI partner with Schindler to localize elevator manufacturing
The facility is expected to produce 5k elevators a year over a ten-year period
Vokswagen mulls partnering in shared auto production facility in East Port Said
A final agreement could be announced next year
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