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Gov’t readies fresh incentives to drive local assembly of commercial vehicles
The government plans to spend EGP 9.2 bn on incentives to localize the auto industry this fiscal year
Abou Hashima-controlled companies eye IPO + USD 300 mn renewables investment
PLUS- MAFI mulls IPO or stake sale by 2030
Madbouly talks blackouts, price cuts, EV localization during latest presser
Madbouly said the heatwave pushed power demand to a record 39.4 GW earlier this week
Faced with tariff pressures at home, Chinese firms are manufacturing solar energy components in Egypt
The government sees localizing the production of solar power components as a top priority
Orascom Construction to move to ADX
PLUS- More Chinese textile companies are kicking the tires on investment opportunities in Egypt
Egypt eyes new green financing platform to support factories as EU carbon mechanism comes into play
The platform would channel green funding to private factories, support decarbonization projects, and help exporters prepare for Europe’s incoming carbon…
A new Egyptian-Saudi EGP 70 bn real estate project
PLUS- Swiss, French players eye therapeutic nutrition manufacturing in Egypt
Gov’t wants to attract investment into agriwaste sector
The projects on the table will focus on alternative fuels, animal feed, and MDF products
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