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Chinese consortium wants to build USD 300 mn ironworks in SCZone
A growing appetite in the SCZone green hydrogen projects
Officials call for legislative overhaul to boost industry
Attendees were discussing how to arrest the decline of Egypt’s industrial sector
EU + AFD to disburse new funds for Egypt grain silos. PLUS: New Xylem water pump factory
The EUR 60 mn disbursal is part of a EUR 100 mn package announced last year
AstraZeneca to raise Egypt investments to USD 100 mn
AstraZeneca plans to increase its use of local components to 80%
Alameda plans USD 50 mn hospital in New Assiut. PLUS: Mercedes EVs, aiBank, Tunisian manufacturer eyes Egypt
This is part of the healthcare provider’s EGP 5 bn expansion plan
Taqa Arabia to establish JV with Saudi gas distributor. PLUS: Network International, Moussy Malt
This is Taqa Arabia’s first step into the kingdom
Rameda revenues up 14% while profits slip in 1Q 2023. PLUS: EKH, Oriental Weavers report 1Q23 earnings
Rameda’s private sales generated more than half of the company’s revenues during the quarter.
Explaining the government’s plans to develop transformative industries in FY 2023-24
The FY 2023-24 plan will see gov’t spending on transformative industries increase 20% y-o-y
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