manufacturing

Investment opportunities in Saudi Arabia’s manufacturing sector were set out to a host of German companies by the Kingdom’s deputy industry minister during a trade show in Frankfurt. Engineer Khalil Ibrahim bin Salamah met with…
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Saudi Arabia’s pursuit of a sustainable manufacturing hub gains momentum as Alat partners with Lenovo Group to establish a facility and invest $2 billion through zero-coupon convertible bonds. As part of the agreement, the Chinese firm…
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Egypt is making strides to become a manufacturing hub, with four of the top five mobile phone manufacturers — Samsung, Vivo, Oppo, and Xiaomi — agreeing to establish factories in the country. Prime Minister Mostafa Madbouly emphasized…
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Saudi Arabia aims to bolster private sector investment in the manufacturing industry, capitalizing on the Kingdom’s swift growth, according to a top official. During his opening speech on the second day of the Riyadh International…
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Egypt plans to build an electric and diesel car manufacturing factory with a production capacity of up to 6,000 vehicles in collaboration with Hinduja Group, one of India’s largest companies. The move will help bolster the North African…
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Saudi-backed carmaker Lucid Group is on track to bolster its manufacturing capabilities thanks to a new expansion of its US Advanced Manufacturing Plant, known as AMP-1. This development will help propel the building capacity ahead of…
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More than 25 local and international agreements were signed at the recent International Dates Conference and Exhibition in Riyadh. Investment plans to establish a SR200 million ($53 million) manufacturing facility and SR70 million…
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Egypt’s manufacturing industry index recorded a monthly decline of 3.98 percent in October, reflecting a decrease in electrical appliances and medical production, the official data showed. The preliminary data from the Central Agency for…
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Egypt’s Suez Canal Economic Zone has signed a $15.6 billion agreement with prominent Chinese companies to boost green fuel manufacturing initiatives. The agreements are set to produce around 9,000 job opportunities and encompass the…
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A $550 million tire factory is set to be built in Saudi Arabia after the Kingdom’s Public Investment Fund entered into a joint venture with Italy’s Pirelli. According to a press statement, PIF will hold a 75 percent stake in the new JV,…
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