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B2Gold is looking to sell gold exploration licenses to Lotus Gold. PLUS: Heliopolis Housing multi EGP bn land purchase, Egyptian National Railways loan
B2Gold is pivoting away from Egypt to focus on its operations in South Africa
Egypt is getting a green data center. Plus: Safaga logistics area, Palm Hills sales, World Bank visit, Adib + Giza Systems, gold exploration tender extended
The data center will be powered by some 200 MWs of solar and wind energy
AD Ports inks USD 3 mn initial agreement to run three cruise terminals. PLUS: ex-NDP HQ complex, Russian EV factory, Tasweyat capital increase
AD Ports is expected to ink the final 15-year concession agreement in 1Q 2024
EIB, EU extend EUR 165 mn to green our industrial sector. PLUS: Jinbei’s buys Brilliance stake, GUPCO, data centers, steel price rises, sugar tenders
The funds will help the private and public sector combat industrial pollution
Abu Dhabi government-backed hotel group plans USD 170 mn investment in three Egyptian hotels
Abu Dhabi Tourism Investment Company has allocated USD 80 mn to build a new hotel under the brand Sofitel Legend,…
EBRD approves USD 100 mn loan to NBE
Half of the proceeds will go into financing women and youth-led businesses
El Sisi ratified the new Building Reconciliation Act. PLUS: News from Raya Auto, Orascom Development, Telecom Egypt, and Lukoil
The new act makes it easier for people to legalize their unauthorized properties
ADES Holding handed 10-year contract to operate Suez brownfields. PLUS: Beltone Mortgage, Majid Al Futtaim, Sky Investments, EGBank
ADES LANDS SUEZ BROWNFIELDS- A consortium led by the Saudi Public Investment Fund (PIF)-backed ADES Holding was awarded a 10-year…
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