Company News

China’s Rox Motor will produce its own branded cars in Egypt under an agreement signed with Ezz Elarab & Elsewedy Capital Holding (ESAF) in Cairo. Industry minister Khaled Hashim, who oversaw the deal with Rox, said it reflects the success of the national strategy for the automo...

Aya Gold & Silver announced today that it has made significant progress on the feasibility study (FS) for its Boumadine project in Morocco, while remaining on track to publish an updated Preliminary Economic Assessment (PEA) in the second half of 2026.

Furthermore, the local integration rate set at 30% under the specifications will be raised to 40% in 2027. This was disclosed yesterday in Algiers by the CEO of Stellantis Algérie to automotive journalists on the sidelines of a video conference hosted by the MENA Region Chief Ope...

Australian junior miner Tyranna Resources announced Tuesday, July 7, that it had agreed to sell its Namibe lithium project in Angola to China’s Sinomine Resources. The $1.44 million deal expands Sinomine’s presence in Africa’s lithium industry, where it already operates the Bikit...

TITAN Egypt has inaugurated two new export silos at its Alexandria plant following a €10m investment aimed at expanding its export capabilities. The company also announced the departure of its first shipment of Type I/II cement to the United States, marking its entry into the US ...

Ibrahim El Shamy, CEO of Jotun Egypt, said the company has invested more than $100m in its new manufacturing facility in 10th of Ramadan City over the past three years, reaffirming its commitment to expanding operations in Egypt and strengthening the country as a regional manufac...

Norwegian renewable energy company Scatec plans to invest up to $5 billion in Egypt over the next two years across renewable desalination, green data centres, solar and wind power, energy storage and related infrastructure.

Badr El-Din Petroleum Company has announced a new gas discovery, expected to add around 15 billion cubic feet (bcf) of natural gas to Egypt’s reserves, according to the Ministry of Petroleum and Mineral Resources.

Morocco has signed a partnership agreement with Jotun Maroc, the Moroccan subsidiary of Norwegian paints and coatings manufacturer Jotun.