Egyptian state-owned Sidi Keril Petrochemicals (Sidpec) said its board of directors had approved the takeover of another state-owned company.
GTEZ) has received three offers worth $1.6 billion to build phosphate fertilizers and phosphoric acid factories at the zone in Safaga
SCZone announced Tuesday the signing of a contract for the construction of a garment factory for the chinese Shanghai Shengda Company.
Egypt targets to raise the size of industrial production by 19 percent from LE3.6 trillion in FY2022/23 to LE4.3 trillion in FY2023/24.
On behalf of Belarus, the meeting was attended by Deputy Industry Minister Dmitry Kharitonchik, on behalf of Egypt.
Egypt Kuwait Holding Company (EKH) said it opened and developed factories in Egypt at an investment cost of EGP 1.4bn ($46m).
The East Port Said Automotive Zone (EPAZ) is one such hub that is designed to attract global automobile manufacturers.
The two factories are said to produce electric and signaling systems and manufacturing parts for metro, highway rails, monorails, and railways.
Zinc ore is of great industrial importance as an important element in supporting clean energy technologies such as solar energy and wind energy.
In line with this development, Toyota IMC recently dispatched its first shipment to Toyota Egypt in July.
The objective is to increase value-addition, reduce the trade balance deficit, and create job opportunities.
The network loss is expected to reach 18.21% for the fiscal year 2022/2023, while the actual loss rate of the FY 2021/2022 was 22.188 percent.
The US dollar exchange rate was calculated at EGP 30.9, so that the fair value of Ethydco in December was about EGP 33.54bn.
Turkish companies are exploring investment opportunities in Egypt as the two countries are taking steps to improve strained relations.
The cabinet will then study the requirements and incentives presented by Alstom, a multinational rolling stock manufacturer, to go ahead.
The construction of these industrial complexes has been completed 100%.
Studies are underway to raise the output of electricity linkage with Libya from 150 megawatts to 2,000 megawatts.
Hamdi further expanded his portfolio by introducing the Nile Details brand, selling high-end products such as leather clutches and bags.
May 2023’s sales numbers reached 7.3 thousand, according to the latest data from the Automotive Marketing Information Council (AMIC).
Egyptian Ministry of Petroleum and Mineral Resources announced major deals in developing sector.