Suez Canal signs $2bn first-phase deal to build petrochemical complex in Ain Sokhna
Osama Rabie, Chairperson of the Suez Canal Authority (SCA), witnessed on Wednesday the signing of a strategic partnership agreement between the SCA and Anchorage Investments to establish a major industrial petrochemical complex on SCA-owned land in Ain Sokhna, northwest of
Misr Italia Properties Achieves EGP 4bn in Sales for January 2025
Misr Italia Properties recorded EGP 4bn in sales in January 2025, marking an impressive 200% growth compared to the same period last year. This strong performance is seen as a key step toward meeting the company’s first-quarter targets, with expectations
Egypt restarts Ain Sokhna anode factory in partnership with BP
Egypt’s Prime Minister Mostafa Madbouly witnessed the signing of a significant agreement at the Cabinet’s headquarters in the New Administrative Capital on Sunday, aimed at restarting the Anode Blocks Factory in Ain Sokhna. The agreement, signed between British Petroleum (BP)
Deputy PM urges Canadian companies to invest in Egypt, offering support for industrial development
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, met with Ulric Shannon, the Canadian Ambassador to Cairo, to discuss strengthening cooperation in the fields of industry and transport. Al-Wazir underscored his commitment to advancing
Ateco Pharma Egypt explores cooperation with US embassy delegation
Ateco Pharma Egypt, a leading producer of intravenous solutions, hosted a high-level delegation from the US Embassy in Cairo to discuss potential collaboration, showcase its products, finalize export agreements, and bolster its reputation as a success story within the Suez
Ajna Developments launches Eastville with EGP 5bn investment in New Cairo
Ajna Developments has announced the launch of its latest project, Eastville, located in New Cairo’s Fifth Settlement. Spanning 20 feddans with a total investment of EGP 5bn, the project represents a partnership with Ahmed Youssef Al Araby, CEO of Kelma