Back to the complete issue
Monday, 24 May 2021

Egypt is going to start manufacturing high-precision lathe machines

A couple of things we’re keeping an eye on this morning:

  • The Arab Organization for Industrialization will work with the German arm of DMG Mori to set up Egypt’s first factory for high-precision lathe machines.
  • Egypt will receive EUR 145 in financing from the African Development Bank for the purchase of a European Train Control System (ETCS) to improve railway safety on an almost 1k stretch of the network.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2021 Enterprise Ventures LLC.