Latest in Tag: factory Highlight

Latest in Tag: factory


EAFA presents automotive factory’s establishment project to presidency

The Egyptian Auto Feeders Association (EAFA) presented a project to the presidency which would see the establishment of a factory for the manufacture of export-ready Egyptian cars, chairperson of the association Ali Tawfik said. This comes after the cabinet and the Ministry of Industry expressed an interest in the project. The project aims to establish …

Ahmed Amer

Samsung’s exports record $790m over 2015, says Zuhair

Total exports of the Samsung factory in Beni Suef to produce TVs and PCs were $780m in 2014 and $790m over 2015, said deputy director of the factory Ahmed Zuhair. The Samsung factory products represent 25% of the Egyptian engineering industries sector. Zuhair said the factory products cover the countries of the Middle East, North …

Mohamed Alaa El-Din

German factory orders surge in June

German industrial orders are up significantly in June, surprising analysts expecting more moderate growth amid economic turbulence in Greece and China. A weak euro has proven instrumental in filling German order books. German factory orders were up sharply by 2 percent in June, with a weak euro fueling strong global demand, the Economics Ministry said …

Deutsche Welle