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NUCA closes second EGP 15 bn securitized bond issuance this year
NUCA keeps its spot as the biggest player in the local securitization market
CBE gets c. USD 1 bn from Chinese Development Bank
The loan will help finance projects agreed upon in the Belt and Road Forum
NSPO to spin out new A1 brand of filling stations. PLUS: News from EKH, Accor, New Alamein, and more
Samsung, GASCO, EgyptSat Auto, and Fayoum Company for Storage all receive golden licenses
Egypt targets USD 25 bn in annual FDI in 5 years -GAFI head
The green energy sector is expected to receive more than USD 50 bn over the coming decade
Suez Canal transit fee reductions for south west Africa ships. Plus: Banque Misr x Etisalat, NBE x MSMEs, NWFE x Climate Investment Fund, NWFE x French Development Agency
Suez Canal revenues are expected to hit a record USD 10.3 bn by the end of 2023
Xinxing scales back planned steel plant
The company had reduced the size of the plant by half, and will now invest USD 930 mn in the…
Qatar’s Baladna is planning to invest USD 1.5 bn in our dairy industry
Got milk? The Suez Canal Authority signed a joint cooperation memorandum with Qatari dairy producer Baladna that will see USD…
Siemens, Intro Group to build power plants in Egypt, the region. PLUS: News from the SCZone, Cheiron, Qasatli, Mashreq, and EdVentures.
The two firms will establish facilities producing a combined 300 MW of power by 2030
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