Emaar and Polaris are among five firms bidding to build industrial complexes in Upper Egypt governorates, according to Al Borsa. The Industrial Development Authority (IDA) will begin reviewing the offers on Tuesday. The IDA also plans to issue another global tender soon for the automation of its services and facilities, now that the Industrial Permits Act has been issued, head Ahmed Abdel Razek said, according to Youm7.
More from Enterprise
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Swvl is not dropping off of Nasdaq just yet, as company turns to the black in 2025
The company turned a profit last year, allowing it to…
IBF & Company doubles down on logistics with Techno Metal acquisition
Plus: Lucky lands USD 23 mn in Series B round,…