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Eva Pharma inks technology transfer agreement to produce mRNA vaccines
The agreement will enable Eva Pharma to produce up to 100 mn doses per year of mRNA vaccines
Gov’t cracks down on electricity theft with higher tariff for those caught. PLUS: Egypt-Italy power link, veterinary vaccine factory
Electricity being consumed by buildings illegally will come at the hefty cost of EGP 2.15 per kWH
Gov’t to hike export subsidies almost 4x next fiscal year. PLUS: Talgo, new capital finance hub
Next year: Subsidies to be paid out within 3 months of submitting paperwork
Dual-fuel car swap scheme expands + Investment Act amendments enter the House
Gov’t dual-fuel car swap scheme rolled out to another five governorates: People in Ismailia, Sharqiya, Beheira, Beni Suef and Sohag…
EGBank feeling acquisitive
Egyptian Gulf Bank (EGBank) will invest EGP 2 bn in non–banking financial companies over the coming three years, CEO and…
Nasal spray version of covid inoculation coming + The space economy race is heating up
Could we be getting non-injectable covid vaccines? Regulators in China and India have given the go-ahead for two vaccines delivered…
Gennecs plans USD 150 mn vaccine factory in Egypt, backed by export ambitions
Local pharma firm Gennecs will invest USD 150 mn to build a vaccine manufacturing facility in Egypt, CEO Adam El…
Four global firms in the running to build Anchorage’s USD 2 bn petchem complex
Anchorage Investments has shortlisted four international firms to build its USD 2 bn petrochemical complex in the Suez Canal Economic…
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