MANUFACTURING-

China’s ShuanFeng will build a USD 8 mn garment factory in Qantara West under a contract it signed with the Suez Canal Economic Zone, according to a statement. The 20k sqm project will be self-financed, create 2k direct jobs, and produce 16.5 mn pieces annually, all earmarked for export.

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INVESTMENT WATCH-

Basata Holding will invest some USD 7 mn in 2026 to boost its market position, according to a company statement (pdf). The company is reviewing potential acquisitions as part of its regional expansion plans, with final decisions expected before year-end. It is also preparing to introduce new investment services through funds launched in partnership with its sister and subsidiary companies, pending final regulatory approvals, with a full rollout expected before the end of the current fiscal year.

More plans in the pipeline: The company also plans to expand into new Gulf markets via its stake in Jordan’s Madfoatcom, entering Saudi Arabia before year-end, while Madfoatcom readies launches in Morocco and Kurdistan.

FINANCIAL SERVICES-

EFG Hermes launches risk-based portfolio advisory: Our friends at EFG Hermes have partnered up with Danish digital wealth management firm Kenzi Wealth to roll out an intelligent, risk-based portfolio advisory service through the EFG Hermes ONE app, according to a joint statement(pdf). The new “One Advisor” feature offers self-directed investors portfolio analysis, diversification, and rebalancing guidance using institutional-grade risk modeling.

How it works: The service actively monitors portfolios and provides tailored insights to help clients navigate market volatility while staying aligned with their risk appetite.

REAL ESTATE-

FRA signs off on Madinet Mar’s SAFE fund: The Financial Regulatory Authority (FRA) has approved property developer Madinet Masr’s application to establish two Secure Assets for Fixed Earnings (SAFE) funds — a real estate fund and a fund for securities promotion, underwriting, and fund management, the company said in a press release(pdf). SAFE — developed by Madinet Masr subsidiary Minka and launched via Innovation Labs — enables investors to buy fractional property shares, starting at EGP 50k per share. It is the first platform of its kind in Egypt.

REMEMBER- Just last month, the FRA unveiled the regulatory framework for real estatefractional ownership in efforts to regulate and formalize fractional real estate investments. SAFE is one of the first movers to secure its license.

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