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" factory"

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Business - Economy
3/27/2024 1:54:36 PM
The General Authority for the Economic Zone of the Suez Canal and the French-owned Saint-Gobain Egypt Glass Companies Alliance signed a framework agreement to build a flat glass factory in the industrial zone of Ain Sokhna, the cabinet said on Wednesday.

Business - Economy
3/20/2024 7:08:16 PM
French construction materials group Saint-Gobain laid on Wednesday the foundation for its third glass factory within Egypt’s Al-Ain Al-Sokhna Industrial Zone, northwest of the Gulf of Suez. The company plans to invest approximately €175 million in the project.

Business - Tech
2/24/2024 4:29:53 PM
TSMC's new chip plant in Japan will help assure global supplies of the crucial hardware, the Taiwanese giant's founder Morris Chang said Saturday as the $8.6-billion factory was officially opened.

Business - Economy
1/31/2024 1:34:34 PM
Japanese car parts supplier Yazaki has announced commencing the construction of its manufacturing facility in Egypt, with an investment of 30 million euros ($32.49 million), according to a cabinet statement on Wednesday.

Business - Economy
1/15/2024 6:01:43 PM
The historic Abu Qurqas Sugar Factory decided to halt cane sugar production after 155 years, due to a sharp reduction in sugar cane supply to the factory, Issam El-Din El-Badawi, head of the Egyptian Sugar and Integrated Industries Company (ESIIC) affiliated with the Ministry of Supply and Internal Trade, said on Sunday.

Business - Economy
12/28/2023 3:19:58 PM
The Suez Canal Economic Zone (SCZone) signed an agreement with Henneway, a Chinese travel bags manufacturer, to build a factory with up to $50 million in investments in the West Qantara Industrial Zone (WQIZ), according to a cabinet statement on Thursday.

Business - Economy
11/2/2023 3:28:56 PM
The Italian safety footwear company Cofra plans to build a factory in Egypt with an investment of 10 million euros, Minister of Trade and Industry Ahmed Samir said on Thursday.

Business - Economy
11/1/2023 1:53:20 PM
Turkey's Tumosan company is poised to build a factory dedicated to manufacturing agricultural tractors in Egypt, read a cabinet statement on Tuesday.

Business - Economy
10/18/2023 2:51:47 PM
Hengtong, China’s giant fibre optic cable manufacturer, will expand its factory in the China-Egypt TEDA zone with $18 million in investments, to produce two million kilometres of optic cables annually, under an agreement signed on Wednesday with the Suez Canal Economic Zone (SCZONE).

Business - Economy
10/17/2023 1:46:01 PM
Egyptian state-owned Sidi Kerir Petrochemicals (Sidpec) signed an agreement with the Nigerian company Rungas to establish a gas cylinder factory in Egypt, according to a statement by Sidpec on Monday.

Business - Economy
10/3/2023 4:41:04 PM
The Suez Canal Economy Zone (SCZONE) inaugurated Silicon Valley for Electronic Industries (SVEi), the first factory for wearable mobile accessories in Egypt, the Middle East, and Africa in the Sokhna Industrial Zone on Tuesday, according to a statement by the SCZONE on Tuesday.

Business - Markets & Companies
9/27/2023 9:21:12 PM
The last remaining factory making cigarettes in France, where smoking was once as much part of the cultural fabric as cafes and wine, is set to close by year-end, the site's owner told employees on Wednesday.

Business - Economy
9/20/2023 9:17:04 PM
The Egyptian Cabinet agreed to grant the golden licence to private company EgyptSat Auto to build and operate a factory that will begin producing electric vehicles (EVs) by the end of 2024.

World - Region
9/18/2023 2:27:45 PM
Turkish President Recep Tayyip Erdogan urged tech tycoon Elon Musk to open his next Tesla factory in Turkey, becoming the latest leader to lobby one of the world's richest men.

Business - Markets & Companies
8/30/2023 8:12:00 PM
The Egyptian Cabinet has granted Samsung Electronics Egypt a golden licence to build and operate a mobile phone factory in Beni Suef, according to a statement on Wednesday.

Business - Economy
8/27/2023 10:51:34 PM
Egypt Cady Textile Company started the construction of a 145,500-square-meter eco-friendly clothing and textile factory in the TEDA-Egypt zone within the Suez Canal Economic Zone (SCZone) on Sunday, according to a Cabinet statement.

Business - Markets & Companies
8/16/2023 2:27:22 PM
The Russian steel giant Novostal-M Metallurgical Holding seeks to expand its presence in Egypt by establishing a new factory and undertaking various projects, stated Minister of Trade and Industry Ahmed Samir on Wednesday.

Business - Markets & Companies
8/8/2023 5:07:56 PM
The Japanese giant Otsuka Pharmaceutical is set to build a healthy food and energy drinks factory in Egypt's 10th of Ramadan City worth over EGP 1.2 billion ($38.8 million), according to an official statement on Monday.

Business - Markets & Companies
8/5/2023 5:12:57 PM
Turkish companies Vestel, a home and professional appliance manufacturer, and Zorlu, a multinational holding company, are planning to establish a home appliances factory in Egypt with over $70 million investment for the first phase.

Business - Economy
7/24/2023 4:33:29 PM
Japanese manufacturer Torishima is set to build a pump production centre in Egypt's Suez Canal Economic Zone (SCZone) extending over 30,000 square metres with $5 million in investments, read a cabinet statement on Monday.

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