Revenues hiked by 79.50% year-on-year (YoY)
This year, Arab StarPack Pro recognized the best packaging design and innovations in consumer and industrial packaging on the Arab level.
The consortium will establish a company named Osiris to implement the project which will be located in the city on the Red Sea coast.
The Turkish firm İskefe Holding will invest $46 million in Egypt's leather and edible gelatine markets, according to Minister of Trade and Industry.
Shaikh Daij bin Salman bin Daij Al Khalifa, highlighted the Company’s keenness on strengthening ties with key aluminium producers.
The AMIC attributed the downtrend to the continued impact of the foreign currency shortage.
The Egyptian Ministry of Public Enterprise is preparing a comprehensive roadmap offering investment opportunities within its subsidiary companies.
The minister gave two Golden Licenses to foreign investors operating in the sector of home appliances upping the total to 15.
he plant is a joint venture with Egyptian company Tiba Manzalawi Group.
It takes more than glossy runway photos to make fashion a major source of revenue in a relatively young market like Egypt.
Minister of Finance assured Egyptian expatriates that the delay in their transfer of imported car fees will not make them ineligible for duty free.
This new move comes to lay down a new benchmark for competitive customer experience in the industry, across all its branches in major governorates.
The prices of the fifth band will see a price increase of 5.46 per cent and the sixth band by 3.57 per cent.
The factory is scheduled to be established in the Kom Abu-Rady, Beni Suef Governorate, Upper Egypt, on an area of 20 feddans.
Raw material producers allocate most of their production for export at a time when the factories are less able to secure hard currency.
Egypt has amended the Value Added Tax (VAT) Law to facilitate procedures for waiving VAT taxes on machines and equipment imported for production.
The device went through several tests in Egypt to ensure that it will be suitable for hot weather, particularly in North African countries.
Orascom Construction’s share of the gross proceeds for its 28.25% effective stake amounts to EGP 1.8 billion.
Operating revenues jumped by 65% to EGP 5.13 billion in 9M-22/23 from EGP 3.12 billion in 9M-21/22, according to the financial results.
As businesses struggle to fill the talent gap, they also face the headwinds of a painful economic crisis.