Manufacturing
5 articles
STIP swings to profit as cash strain and falling sales cloud outlook
STIP has posted a net profit of TND 4.7 million for 2025 after a year of deep losses, but the recovery is overshadowed by a sharp revenue drop, negative cash flow, and mounting liabilities that threaten the company's stability.
Fabtech completes turnkey cleanroom for Algerian veterinary plant
Fabtech Technologies has delivered a full-scale cleanroom and MEP solution for an undisclosed veterinary manufacturing facility in Algeria, marking another strategic investment in the country's pharmaceutical infrastructure and regional supply chain.
Chinese Automotive Investment Transforms Morocco into Europe Facing Hub
Morocco is rapidly becoming the primary gateway for Chinese automakers and suppliers targeting Europe, with record investment in battery and component factories. This shift is redrawing the competitive map for the automotive industry across the Mediterranean.
Egyptian Industry Minister Reviews Key Manufacturing Sites in Damietta
Egypt's Industry Minister Khaled Hashem and Damietta Governor Hossam El-Din Fawzi toured major factories in Damietta, highlighting government efforts to deepen local manufacturing, support exports, and strengthen Egypt's industrial base in furniture, fertilizers, and textiles.
Vivo and STI Launch Smartphone Manufacturing Plant in Oran
A new smartphone factory has begun operations in Oran, Algeria, through a partnership between STI and Chinese brand Vivo. The facility aims to ramp up production from 2,000 to 6,000 units daily, with significant job creation expected.