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Khalda Petroleum has a USD 70 mn diesel project brewing. PLUS: News from AMEA Power, HHD, Delta Sugar,
The company wants to boost production by 5%
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
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
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…
Orascom Construction and Al Ahly Capital to build West Cairo industrial park
Orascom Construction + Al Ahly Capital partner on new industrial park: Orascom Construction (OC) subsidiary Suez Industrial Development Company (SIDC)…
Our vaccine export hub ambitions are making headway, with a little help from China
Egypt is in talks with Libya to export locally made Sinovac jabs, Bloomberg quotes Heba Wali, head of state-owned jab-maker…
US advises against travel to Egypt amid rising covid cases
The US is now advising its citizens to avoid travel to Egypt due to rising covid cases. Egypt was among…
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