Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
Logistics (MENA) 
Post for Investment sees revenue and income jump over 30% y-o-y in 2023. PLUS: National Bank of Egypt subsidiary to set up country’s third gold fund
Post for Investment saw its net income climb 32.4% y-o-y to EGP 664 mn in 2023
Egyptian-American Enterprise Fund to finance Tanmiya Capital Ventures fund. PLUS: City Lab stake sale fast approaching
The Egyptian-American Enterprise Fund will provide USD 50 mn in financing for Tanmiya Capital Ventures’ upcoming fund
Alexbank’s net income rises 76% y-o-y to EGP 5 bn in 2023. PLUS: Next fiscal year’s draft budget goes up for discussion in the House next week
The government is currently working to offload its 20% stake in Alexbank
South Africa’s Standard Bank Group to set up Egypt office in 2024. PLUS: BP projects float impact, EBRD funds SMEs, Eastern hikes smoke prices, Arabia Hotels builds new Giza Pyramids hotel
The South African bank’s presence in Egypt will allow the bank “to capitalize on the significant emergence of the Gulf-sub…
Turkey’s DNM inks contract to set up denim factory. PLUS: News from Heliopolis Housing, InDrive, Air Arabia
DNM last month received approval to move forward with the denim factory
Misrayon & Polyester Fiber resumes exports. PLUS: News from El Maco and MoneyHash
The company has shipped five containers of artificial silk to Turkey
Tobacco distributors can hike their prices by up to 12%. PLUS: News from Halan, Post for Investment, Al Gaweesh Group
Tobacco distributor hiked their prices earlier this year
El Sisi ratifies Unified Budget Act amendments. PLUS: News from Masria Digital Payments, Cequens, El Nasr Mining
The amendments will see the budgets of all 59 of the state’s economic bodies and the state budget presented in…
Something went wrong. Please refresh the page and/or try again.