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Industry & Trade
Egypt allocates industrial lands to investors for free
Pieces of land in some of Egypt’s industrial zones can now be allocated gratis to investors according to a new…
Egyptian polyethylene producer Sidpec exports 90K tonnes, sales hit $338mn
The total sales of Sidi Kerir Petrochemicals Company-Sidpec in 2015 recorded around 3 billion Egyptian pounds…
Egyptian coatings maker MIDO plans raising sales to $247mn late 2020
Egyptian International Group for Modern Coating-MIDO plans obtaining sales of 2.2 billion Egyptian pounds (US$247.7…
Aramco may store Saudi oil in Egyptian SUMED warehouses – oil minister
Egyptian petroleum ministry is studying the possibility that Saudi oil company Aramco could use state-run Arab…
Chemical Council eyes increasing Egyptian exports to Saudi Arabia to $202mn
Egyptian Chemical and Fertilizers Export Council (CEC) eyes increasing its exports to Saudi Arabia by 20 percent to…
German business community keen to boost Egypt investments: minister
The German business community is keen to increase their investments in Egypt, notably in construction,…
Glass exports rise 11% in two months- Egypt’s Chemical Council
Egyptian exports of glass products rose by 11 percent in January-February 2016 to hit 171.4 million Egyptian pounds…
Saudi Arabia’s Savola: Egypt investments record $800 million
Saudi Arabia-based Savola Group’s total investments in Egypt currently exceed $800 million, its chief executive…
Saudi-UAE-Lebanese firms to build giant industrial city in Suez Canal
The ASEC-Capital alliance, which involves Egyptian, Saudi, UAE, and Lebanese firms, has signed Sunday a contract to…
Italy studies building three logistics zones in Egypt
Italy is studying setting up three logistics zones in Egypt for the storage of grains, vegetables, and fruits as…