logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Iyris teams up with Egypt’s Hyma Plastic

Iyris teams up with Egypt’s Hyma Plastic

NOHA.GAD
Sep 10, 2024
Hyma Plastic became the exclusive manufacturer and distributer of iyris' award-winning SecondSky Greenhouse product in Egypt

Riyadh - Sharikat Mubasher: iyris, the innovative agriclimate tech company formerly known as RedSea, forged a strategic partnership with Hyma Plastic, the market leader of agricultural polyethylene film products in Egypt.

iyris and Hyma Plastic signed a manufacturing, supply, and distribution agreement whereby the Egyptian company will be the exclusive manufacturing, and distribution partner of iyris’ award-winning SecondSky greenhouse covers in Egypt, a recent statement unveiled.

SecondSky AGRI greenhouse films can block near-infrared heat radiation, extend the growing season, and reduce energy and water consumption by over 30%.

Simon Stockil, iyris’ Growth Director in Europe, Middle East, and Africa (EMEA), said: “This agreement and partnership secure an accelerated deployment of SecondSky AGRI greenhouse films to growers and farmers across Egypt and aligns with our mission to provide relevant, scalable, sustainable solutions to address the unique challenges faced by farmers in hot climates.”

Commenting on the agreement, Aly Fahmy, Deputy CEO of Hyma Plastic, stated that adding globally recognized heat-blocking technology to the company’s AGRI product portfolio is crucial to help customers who suffer from major heat stress in their greenhouses.

“Our business strives to be at the leading edge of innovation when it comes to the product portfolio we offer, and in SecondSky we know the simplicity of deployment conceals a highly innovative drop-in solution,” Fahmy concluded.

Tags

Saudi Arabia
Egypt
greenhouses
Agriculture
Share

Attract clients with your ad

Start Now

Trending

SAMA soon to greenlight ‘Tap to Pay’ on iPhones in Saudi Arabia
MUBASHER.SA
Aramco Ventures participates in $53mn seed funding for Hang Ten Systems
MUBASHER.SA
Rize lands SAR 187.5mn Murabaha Facility to finance rental portfolio
MUBASHER.SA
Tali Ventures invests in Bahraini investment platform Tanami Capital
MUBASHER
Mawrid provides unified financial platform to support Saudi mid-sized businesses
MUBASHER.SA

Related News

Private Equities News
Calendar Icon
Sep 17, 2026
Snipefinity showcases innovative trading technology solutions at Money20/20 Middle East
Read More
Private Equities News
Calendar Icon
Sep 17, 2026
Malki: TAM Capital offers all investment options via single digital platform
Read More
Private Equities News
Calendar Icon
Sep 17, 2026
Alpha Power develops shariah-compliant solar financing platform in Saudi Arabia
Read More
Private Equities News
Calendar Icon
Sep 17, 2026
GlassHub develops AI-powered compliance solutions for Saudi financial sector
Read More
Private Equities News
Calendar Icon
Sep 17, 2026
Future Industrialists initiative launches at SIF 2026 to build industrial human capital
Read More
Private Equities News
Calendar Icon
Sep 17, 2026
SAL signs 2 MoUs with CIMC to boost Saudi logistics infrastructure
Read More
Private Equities News
Calendar Icon
Sep 16, 2026
Capgemini: Businesses accelerate climate adaptation efforts amid growing risks
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher