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Korra Energi temporarily to list shares on the EGX today ahead of upcoming IPO
Korra will list EGP 450 mn worth of shares on the EGX
Government to offer up stakes in ten companies to strategic investors and on the EGX in 2025
Madbouly named Chill Out and Silo Foods as the two other military-linked companies heading to the EGX
Hassan Allam Utilities to invest in and develop King Abdullah Economic City off-port terminal. PLUS: Madinet Masr, EFG Hermes, Majid Al Futtaim + Empower, ABB Group
The terminal will include “container yards and warehousing facilities, delivering flexible and integrated logistics solutions tailored to a wide range…
Entrepreneurship Ministerial Committee to release its start-up charter to support the sector in 1Q 2025. PLUS: UVAII Venture Studio, Electra + Elsewedy Electric, AT Lease, Kima, StrategizeIT, Air Arabia, G-Tec Education
The government wants to increase startup investments tenfold to USD 5 bn
Abu Qir Fertizers’ looks to green hydrogen to help power ammonia plant. PLUS: Exxon Mobil, Instapay, Egypt Post, Abu Auf, Ezz Elarab,
The 12-month project is also expected to up production 100 tons to 1.2k tons a day
Military firm to replace GASC as nation’s sole strategic commodities importer, says Reuters
The shift ends GASC’s decades of dominance as the main wheat buyer in the country
Egypt to lease second LNG floating regasification unit starting 2H 2025
Egypt will lease the unit from the US-based New Fortress Energy
China’s New Hope Group mulls USD 100 mn feed production complex. PLUS: FutureFert, Madinet Masr + Carrefour, Halliburton, Al Kbous Tea, Egyptian Swiss Group, Innovo, Ecaru
The company, which has five factories in Egypt producing some 650k tons of feed annually, plans to expand production to…
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