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
Latest News
January 20, 2021
PM follows up project to replace old cars with natural-gas vehicles
January 20, 2021
PHD okays long-term joint finance from NBE
January 20, 2021
Egypt's trade deficit dips 17% during 2020: Min.