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El Sisi ratifies Unified Budget Act amendments. PLUS: News from Masria Digital Payments, Cequens, El Nasr Mining
The amendments will see the budgets of all 59 of the state’s economic bodies and the state budget presented in…
Offers roll in for the rehabilitation of EgyptAlum. PLUS: News from Valu, B Investments, Rixos Hotels
Emirati Fleet Energy, and Chinese Nonferrous Metal Mining Group have both submitted technical offers
Egypt should set specific climate targets, boost the private sector role in combating climate change, the OECD suggests
OECD also recommends Egypt should double down on phasing out energy subsidies
Scatec’s Nagaa Hammadi solar plant is going to be twice as big as we thought, cost USD 1.1 bn
The project is part of EgyptAlum’s plan to ramp up production, comply with global sustainability and manufacturing standards
Sinai Cement appoints Tamer Ragheb as chairman
Pietro Calà is taking over from Ragheb as the company’s managing director
FRA approves B Investments’ acquisition of Orascom Financial. PLUS: Synergy Capital, Ras El Hekma, Egyptian Healthcare Authority, Qalaa Holdings, green hydrogen
B Investment' board in December agreed to an MTO swap ratio of one B Investments share to 56.76 OFH shares
Scatec to build 1-GW solar plant for EgyptAlum’s Nagaa Hammadi complex
The first 500-MW phase of the project will be completed within 18 months
Gov’t and Emirati company team up for USD 3 bn aluminum factory
The factory will produce 600k tons of aluminum a year
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