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THIS EVENING: Aldar / ADQ acquire 86% of SODIC; Green stimulus package coming March 2022; UAE employees get 4.5-day work week.
Good afternoon, ladies and gents: We have a brisk news flow to bring you today following the closure of Aldar…
Last Night’s Talk Shows: Mogamma overhaul in the spotlight + there’s a storm brewin’
Mogamma overhaul gets star treatment: The Sovereign Fund of Egypt signing contracts with a US consortium to develop and manage…
SFE to sign 3-4 green hydrogen production agreements
The Sovereign Fund of Egypt (SFE) will sign 3-4 green hydrogen production projects in the upcoming period, SFE CEO Ayman…
Elsewedy Electric unveils industrial complex in Tanzania
Elsewedy Electric inaugurates Tanzania industrial park: Elsewedy Electric opened a USD 35 mn electric cable factory in Tanzania yesterday, the…
Edita starts operations at Morocco factory
Edita Food Industries has started operations at its new production facility in Morocco, the company announced in a statement (pdf)…
US consortium gets EGP 3.5 bn Mogamma revamp contract
US-led consortium tapped for Mogamma overhaul: A consortium of US-based GlobalVentures and Oxford Capital together with the UAE’s Al Otaiba…
Investor activism in Europe could be entering a new “golden age”
Investor activism in Europe could be entering a new “golden age”: So says professional services firm Alvarez & Marsal (A&M)…
THIS EVENING: Has Big Tobacco swayed the state on the tobacco license tender? + Elsewedy, Edita go big on Africa expansions
Today is a big news day for Egyptian companies investing abroad, ladies and gentlemen, with Elsewedy Electric and Edita both…
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