Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Infrastructure 
QatarEnergy to acquire 40% stake in two of ExxonMobil’s offshore exploration blocks in Egypt
ExxonMobil will retain the remaining 60% of the two concessions.
Raya Contact Center’s board greenlights full acquisition of Gulf CX. PLUS: Oxy Egypt’s UAE expansion, new private freezone plans, Ras El Hekma marina greenlit
Raya CX acquired an 85% stake in the company in 2021
The lowdown on solar energy use in the industrial sector
Each MWh of solar energy currently saves around EGP 2.25 mn per year in electricity costs
Telecom Egypt eyes USD 500 mn loan from Chinese lender. PLUS: Credit Agricole, Hyundai Rotem, UK Export Finance, ADES, Haier, Islamic Trade Finance Corporation, EgyptAir, Matouk Bassiouny
The company will reportedly pay for the loan in CNY given that a portion of its revenue stream originates from…
Gov’t locks in a lease agreement for an LNG regasification vessel with Norway’s Höegh LNG
The country is gearing up to meet rising energy demand this summer by ramping up LNG imports
Scatec and Orascom Construction-led consortium allocated land for two wind farms that will generate 8 GW of energy
The two wind farm projects will bring in some USD 9 bn in FDI
Elsewedy Electric to work with foreign firms to localize grain silo production
The three sides will localize silo manufacturing, enhance food security, and help the sustainable development of the country’s agricultural sector
A look at Egypt’s infrastructure spending priorities for FY 2024-25
Some EGP 186 bn will be allocated to urban development, with EGP 50 bn going to the real estate sector
Something went wrong. Please refresh the page and/or try again.