January 13, 2021

Unionaire to build new plant in west Cairo


ArabFinance: Unionaire Group is planning to build a 55,000 square meter factory in the Sixth of October City at a cost of EGP 1 billion, Al Mal quoted CEO Mohamed Osman.

The plant’s output will be earmarked for export, Osman noted.

The electronics manufacturer will fully cover the plant cost, with its inauguration slated in 2022, the CEO added.

The company earlier had plans to offer 30% of its stake on the Egyptian Exchange in 2019, but no further updates were revealed.

arabfinance


Categories : finance & economy

Finance & Economy

PHD okays long-term joint finance from NBE

2021-01-20 07:00:00

ArabFinance: Palm Hills Developments (PHD) approved the long-term joint finance from the National Bank of Egypt (NBE) and other"...
Read More

Egypt's trade deficit dips 17% during 20...
January 20, 2021
EGX releases reminder of Orascom Constru...
January 20, 2021

Latest News



finance & economy

PHD okays long-term joint finance from N...
January 20, 2021
Egypt's trade deficit dips 17% during 20...
January 20, 2021
EGX releases reminder of Orascom Constru...
January 20, 2021