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China’s planned textile complex could spell doom for Egypt’s local industry
Egypt is getting some flack in the US press this morning, with the Washington Post arguing that Congress should review…
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Earnings watch: Emaar, MM Group, GTH, Oriental Weavers
EARNINGS WATCH- Global Telecom Holding returned to profit in 4Q2018, reporting a net profit of USD 98 mn compared to…
Egyptian Iron and Steel Company to be developed under PPP agreements
The Public Enterprises Ministry will be entering public-private partnerships to execute the proposed development plan for the Egyptian Iron and…
EGX approves issued capital increase for CIB, Orascom Development
The EGX has approved CIB’s c.EGP 2.92 bn issued capital increase, according to a bourse statement (pdf). The EGX also…
Egypt’s textiles complex 50% complete
Construction works on the first phase of the USD 2 bn Chinese textile industrial complex in Sadat City is 50%…
Early phase of Egypt’s USD 2 bn textile complex in Sadat to launch by 2019-end
The first phase of the USD 2 bn Chinese textile industrial complex in Sadat City is set to be completed…
Markets suffers potato “crisis,” free internet for a month?
The spike in the price of potatoes was the hottest topic on the airwaves last night. But first: You’re may…
Marubeni to build textile factory in Kafr El Sheikh for Cotton Holding co.
Japan’s Marubeni Corporation will be building a new textile factory in Kafr El Sheikh for the Cotton & Textile Industries…
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