New corrugated packaging factory opened in Lebanon
Megapack, a manufacturer of corrugated packaging, opened earlier this month in the industrial zone of Mazraat Yachouh. Investment in the...
Business
Cement deliveries in Lebanon surge in first six months of 2016
Cement deliveries totaled 2.5 million tons in the first half of the year, increasing by ten percent compared to the...
Saudi tyre market to reach $2.1 billion by end of 2016
The value of Saudi Arabia’s tyre market is likely to reach $2.12bn (SAR7.95bn) by the end of 2016, according to...
More than $14 billion invested in Egypt’s food and non-food franchising sector
In Egypt, franchising has grown significantly over a short time, especially in the fast-food sector. Currently, there are approximately 40...
Aluminum factory set to open in Lebanon’s Bekaa Valley
Establishment George Dib (EGD) will open a weather strips aluminum accessories factory in the Bekaa this month. Investment in the...
Egypt signs two agreements worth 69 million euros with French development agency
Egypt’s Minister for International Cooperation Sahar Nasr signed on Tuesday two grant agreements with Agence Française de Développement (AFD) worth...
Qatar Cement and Saudi Samba ink $100 million cement plant deal
A financing deal has been signed between Qatar National Cement Company (QNCC) and Saudi’s Samba Financial Group (Samba), for $100m....
Tourism and job growth drive Bahrain’s retail sector expansion
A rising number of tourists combined with steady job growth is driving demand in Bahrain’s retail sector and spurring the...
Russian companies to invest $4.6 billion to create industrial zone in Egypt
A number of Russian companies are planning to invest a total of USD 4.6 billion to create an industrial zone...
Dubai launches $45 billion industrial strategy for 2030
An industrial strategy that aims to add Dh165 billion ($45 billion) to the economy and create thousands of jobs by...
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