The Egyptian-based company Arabian Cement (ARCC.CA)'s current investments in Egypt stand at around US$600 million, CEO Jose Maria Magrina said Thursday.
ACC's investments encompass its cement factory in addition to its affiliates Andalus Ready Mix (...)
The Saudi Egyptian Businessmen Association (SEBA) will announce a new project to build an industrial complex with investment cost EGP 500 million (US$ 68.4 million), Secretary General said.
According to SEBA's official Ahmed Sabry Darwish, the new (...)
Egypt's largest ceramics maker Cleopatra Group intends to launch a mall in 6th of October City worth 1 billion Egyptian pounds (US$139.8 million) by mid-2016, chairman Mohamed Abou el-Enein announced.
Speaking to Amwal Al Ghad on Wednesday, (...)
Egypt's total volume of investments in automotive sector is estimated at US$2 billion, said investment minister Ashraf Salman.
"There are around 556 companies working in car assembly and feeding industries, generating total sales of EGP 40 billion." (...)
Egyptian Investment Minister Ashraf Salman revealed that the government received requests from 175 global and local firms in the term of 4000 MW that rolled out by the government in the field of renewable energy.
The Minister stressed on the (...)
The total tax revenues collected from the trade chambers reached EGP 14 billion, said the general secretary of the Federation of Egyptian Chambers of Commerce (EFCC), Alaa Ezz Amin.
The collected tax revenues testify to the successful partnership (...)
Egyptian Investment Minister Ashraf Salman revealed that his Ministry is seeking to settle 80% from the defaulted investments inside the Egyptian market before the hold of Egypt's Economic Summit within next March.
In a conference of 16th Arab (...)
The Egyptian-Saudi Businessmen Association said the total number of firms which have settled dilemmas in the Egyptian market in the last August reached 31 Saudi firms with EGP9 billion investments, the Association's General Secretary Ahmed Darwish (...)
Egyptian-Saudi Businessmen Association's total investments are ranging between US$26 to US$27 billion in the Egyptian market within the upcoming period, general secretary Ahmed Sabry revealed.
Sabry told Amwal Al Ghad that the Association eyes (...)
Juhayna Food Industries (JUFO.CA) has finalised inaugurating logistic center and three cooling refrigerators to produce milk in Alexandria in the last two weeks with EGP50 million total investment cost said Safwan Sabet, Chairman of Juhayna.
The (...)
Industry, Trade and Investment Ministry Mounir Fakhry Abdel Nour asserted that it is important to adopt new mechanisms to raise production rates including energy sector via developing new levels from the solar energy in order to make the best use of (...)
Industry, Trade and Investment Ministry Mounir Fakhry Abdel Nour asserted that it is important to adopt new mechanisms to raise production rates including energy sector via developing new levels from the solar energy in order to make the best use of (...)
Mounir Fakhry Abdel Nour has inaugurated today morning the Egyptian Junior Business Association (EJB) , for launching ‘Sustainability and Responsibility of Business Society' Conference.
Egypt's Minister of State for Environment Affairs Laila (...)
German luxury car manufacturer – Mercedes Benz is aiming to boost its sales with 10% in the Egyptian market within the current year, noting that in case of political and economic stability, the company will increase its rates by 15%.
Mercedes added (...)
The Egyptian Businessmen Association, headed by Hussein Sabour held a seminar yesterday evening (Wednesday) which hosted the Banking Committee and Finance Association Sherif Samy chairman of the Egyptian Financial Supervisory Authority(EFSA), to (...)
Mounir Fakhry Abdel Nour, Minister of Industry and Foreign Trade Ministry, revealed that the Ministry has started to pump EGP 930 million, in order to provide facilities for 22 industrial areas within the next period.
The Minister said under the (...)