The Turkish Egyptian Businessmen’s Association will meet with officials from the Industrial Development Authority to lobby for the establishment of a EGP 3 bn Turkish industrial zone sometime next month, the association’s head Atilla Ataseven said, according to Al Borsa. The association will also meet with officials from the ministries of investment and trade and industry to further push for the 1 mn sqm zone. The project had first been announced last month, with the association looking to attract Turkish investments worth USD 1 bn.
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…
Here’s why “temporary listings” are all the rage right now
The government plans to list Misr Travel and Egoth in…
Kiwe gets Central Bank green light to launch nationwide
The startup is backed by our friends at EFG Hermes,…