Egypt

Installed in the factory in Sadat City, Cairo, the Creadigit XXL HS printer creates sophisticated graphic effects on products produced by Gemma.

The Egyptian group Aracemco has increased the production capacity of its raw materials preparation department with the installation of a Molomax 6/230 pendular mill from Manfredini & Schianchi.

LB will supply an MRV 160 vertical roller mill to the Pyramids factory in Al Rajaa.

Egypt closed fiscal 2015/2016 with GDP growth of between 3.6% and 4.0% in real terms. In the 30 months between April 2014 and October 2016, the Egyptian government made real estate investments valued at 43 billion Egyptian pounds (2.5 billion euros), compared to the 30 billion pounds invested in the last 20 years.

The latest-generation modular printer will enable Al Ezz Ceramics & Porcelain to establish a stronger presence in the international marketplace.

In 2014 the country saw a recovery in private consumption (+4.9% in the third quarter of 2014) and in public spending (+8.8%), as well as fresh growth in exports (+15%), while GDP marked up 6.8% growth in the third quarter compared to the 2.1% average for 2013.