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Agthia wants to make Egypt into an export hub. PLUS: news from the Suez Canal, SEII, Agility and telecoms
Agthia acquired a majority stake in Auf Group last year
Gulf, US players to boost local pharma manufacturing + more genetic screening labs
Gulf companies and Vacsera will build a USD 10 mn medical supplies factory
Ezz Steel forecasts EGP 8.3 bn in losses on EGP depreciation. Plus: Smartphone assembly, mature oil fields, BdC’s e-payments arm — and plenty more
MANUFACTURING- Ezz Steel forecasts EGP 8.3 bn in losses on EGP depreciation: Ezz Steel expects to record losses of EGP…
It was a record year for snack food giant Edita
Snack food maker Edita Food Industries reported record net income and revenues in 2022 on the back of stronger sales…
Egypt’s burgeoning smartphone assembly industry just got a boost
Customs duties and development fees will be slashed on imported mobile phone components.
Cross-border payments, bill payments are getting easier for Egyptians in the UAE thanks to Fawry + Botim
FINTECH- Fawry + Botim collab to help Egyptians in UAE to make cross-border payments, pay bills: Local e-payments giant Fawry…
Ibnsina to invest EGP 200 this year. Plus: Kima, e-finance, Aman, Luberef
INVESTMENT- Ibnsina Pharma to invest up to EGP 200 mn in 2023: EGX-listed pharma player Ibnsina Pharma plans to invest…
Egypt, UAE, Jordan and Bahrain to establish 9 industrial projects under regional partnership
Egypt, UAE, Jordan + Bahrain sign agreements for USD 2 bn worth of industrial projects: Egypt, the UAE, Jordan and…
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