INVESTMENT WATCH- Mexico’s CEMEX is planning to invest USD 20 mn in Egypt this year on top of the USD 1.2 bn it has already invested, CEMEX Egypt chief Ramon Rodrigo Piza told Investment Minister Sahar Nasr. Mexico wants to invest more in Egypt, especially in cement, contracting, and technology, said Mexican Ambassador Jose Octavio, who attended the meeting, according to a ministry statement
More from Enterprise
Central Bank of Egypt looks to renew USD 2 bn Kuwaiti deposit as regional conflict stalls FDI conversions
The maturing USD 2 bn deposit is expected to be…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Markets seem to discount war-related risk with record rallies
Stocks around the world are rallying, but policymakers think markets…
IBF & Company doubles down on logistics with Techno Metal acquisition
Plus: Lucky lands USD 23 mn in Series B round,…