Foreign direct investment in Africa surges
Africa is the world’s fastest-growing region for foreign direct investment, according to a report from fDi Intelligence, a data division of the Financial Times group. In a year when the global greenfield FDI market grew a paltry 1 per cent, Africa enjoyed a 65 per...
“Mac Optic” to sign a contract with a Chinese consortium to establish its Refinery
The Company has signed a contract to establish its refinery in Egypt located in the Gulf of Suez with a global consortium includes three large Chinese companies, the contract value is around $ 3.8 billions US dollar.
Mac Optic to implement new projects in Egypt
General Authority for the Economic Zone of North West Gulf of Suez has signed an agreement with Mac Optic Group, by which 3 million sq. meters. The company will use the land for setting up a project for refining oil and producing petrochemicals. The land would be...
Mac Optic to build petrochemical plant in Gulf of Suez
September 9, 2015 Daily News Egypt spoke with Ahmed Radwan, Vice President of Mac Optic Group & CEO of Mac Optic Group in MENA, to get the low down on the development of the company’s business in Egypt What are your projects in Egypt’s energy field? The company is...