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MANUFACTURING

Industry

Egypt Aluminum’s profit skyrockets by 8,481.5% YoY in FY 2021/2022

Egypt Aluminum’s profit skyrockets by 8,481.5% YoY in FY 2021/2022

Egypt Aluminum’s profit skyrockets by 8,481.5% YoY in FY 2021/2022

BRI

Oriental Weavers to exit from Chinese unit

Oriental Weavers to exit from Chinese unit

Oriental Weavers to exit from Chinese unit

Industry

ENR, Spain’s Talgo ink MoU for railway carriage factory in Egypt

ENR, Spain’s Talgo ink MoU for railway carriage factory in Egypt

ENR, Spain’s Talgo ink MoU for railway carriage factory in Egypt

Industry

Korean firm, Aramco to set up special steel project at Spark

Korean firm, Aramco to set up special steel project at Spark

Korean firm, Aramco to set up special steel project at Spark

Manufacturing

Kenya plans to become manufacturing base for US companies

Kenya plans to become manufacturing base for US companies

Kenya plans to become manufacturing base for US companies

Manufacturing

City Cement’s profit tumbles 63.7% in H1-22

City Cement’s profit tumbles 63.7% in H1-22

City Cement’s profit tumbles 63.7% in H1-22

UK and Europe

Russia starts stripping jetliners for parts as sanctions bite

Russia starts stripping jetliners for parts as sanctions bite

Russia starts stripping jetliners for parts as sanctions bite

China and Asia Pacific

Tesla's July sales of Chinese-made vehicles slide due to factory line upgrades

Tesla's July sales of Chinese-made vehicles slide due to factory line upgrades

Tesla's July sales of Chinese-made vehicles slide due to factory line upgrades

Manufacturing

Middle East Paper Company sees 216% higher profits in H1-22 initial financials

Middle East Paper Company sees 216% higher profits in H1-22 initial financials

Middle East Paper Company sees 216% higher profits in H1-22 initial financials

Manufacturing

Talaat Moustafa Group’s H1-22 profit surpasses over $52mln

Talaat Moustafa Group’s H1-22 profit surpasses over $52mln

Talaat Moustafa Group’s H1-22 profit surpasses over $52mln

China and Asia Pacific

Indonesia says Tesla strikes $5bln deal to buy nickel products - media

Indonesia says Tesla strikes $5bln deal to buy nickel products - media

Indonesia says Tesla strikes $5bln deal to buy nickel products - media

Industry

Kuwait invites bids for acid plant

$Kuwait invites bids for acid plant\u00A0\n$

$Kuwait invites bids for acid plant\u00A0\n$

Manufacturing

Red Sea International losses widen in Q2

Red Sea International losses widen in Q2

Red Sea International losses widen in Q2

Manufacturing

Nokia International, Etisal sign agreement to manufacture Nokia phones in Egypt

Nokia International, Etisal sign agreement to manufacture Nokia phones in Egypt

Nokia International, Etisal sign agreement to manufacture Nokia phones in Egypt

Companies News

GMG unveils its ‘Make a Difference’ sustainability strategy framework

GMG unveils its ‘Make a Difference’ sustainability strategy framework

GMG unveils its ‘Make a Difference’ sustainability strategy framework

UK and Europe

Italy, Intel close to $5bln deal for chip factory - sources

Italy, Intel close to $5bln deal for chip factory - sources

Italy, Intel close to $5bln deal for chip factory - sources

Industry

Military production ministry inks agreement to produce 40 electric buses in Egypt

$Military production ministry inks agreement to produce 40 electric buses in Egypt\n$

$Military production ministry inks agreement to produce 40 electric buses in Egypt\n$

Americas

Bombardier reports smaller loss on steady demand for business jets

Bombardier reports smaller loss on steady demand for business jets

Bombardier reports smaller loss on steady demand for business jets

Companies News

EGA CEO personally thanks team who led response to COVID-19

EGA CEO personally thanks team who led response to COVID-19

EGA CEO personally thanks team who led response to COVID-19

Industry

Mexico’s Vitro to build 2 glass factories in Egypt

Mexico’s Vitro to build 2 glass factories in Egypt

Mexico’s Vitro to build 2 glass factories in Egypt

BRI

Aramco, Sinopec sign MoU on Saudi projects; firms eye manufacturing hub

Aramco, Sinopec sign MoU on Saudi projects; firms eye manufacturing hub

Aramco, Sinopec sign MoU on Saudi projects; firms eye manufacturing hub

Industry

RAK Ceramics Q2 net profit hits $27.8mln; up 7.7%

$RAK Ceramics Q2 net profit hits $27.8mln; up 7.7%\n$

$RAK Ceramics Q2 net profit hits $27.8mln; up 7.7%\n$

Companies News

RAK Ceramics announces Q2 2022 financial results

Construction

Caterpillar gets wrapped in slowing China demand and supply-chain woes

$Caterpillar gets wrapped in slowing China demand and supply-chain woes\n$

$Caterpillar gets wrapped in slowing China demand and supply-chain woes\n$

Industry

Al-Sisi follows up on strategy to develop textile, ready-made clothing industry in Egypt

Al-Sisi follows up on strategy to develop textile, ready-made clothing industry in Egypt

Al-Sisi follows up on strategy to develop textile, ready-made clothing industry in Egypt

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