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Government readies land transfer, following arrival of final tranche of Ras El Hekma funds
The state will transfer the land “in the coming days,” cabinet spokesman Mohamed El Homsani said
NUCA to hand out plots to four industrial developers within days. PLUS: News from BluEV, TMG, and Tabreed
NUCA will hand out a total of 4.6 mn-sqm plots in New 6 October City
Concrete, EKH, ODE, Alexbank report earnings
Concrete Fashion Group saw its net income increase 3.2% y-o-y during its fiscal year 2023
IFC pledges USD 50 mn to support mid-cap companies in Africa
The IFC has also agreed to a local currency swap with Banque Misr
A recap of day two of IFC regional VP’s visit: Fresh financing, advisory service agreements and privatization chatter
The IFC signed an advisory services agreement with the Universal Health Ins. Authority
Xinxing has another USD 250 mn worth of investments in the pipeline for Egypt. PLUS: Locally made e-bikes, MM Group Saudi expansion, Madinet Masr launches Sarai project, CIB eyes green on-lending funds, Farahy looks to GCC investors
The Chinese state-owned company just broke ground on a USD 146 mn ductile pipe factory
Japan pledges USD 230 mn in budget support
Non-traditional, low-cost development financing tools can bridge the financing gap for emerging economies, Maait says.
El Ezaby to open 120 additional branches in 2024. PLUS: Shell drills new wells, multilateral development banks form co-financing platform, National Authority for Tunnels looks for Sokhna-Matrouh line loan
The pharma group has already opened 34 new branches since the beginning of the year
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