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Gov’t mull African investor-focussed freezone to boost trade with the continent
Good morning, friends, and happy hump day. As we get ready for PMI data later this morning that will give…
Mountain View begins Saudi expansion with first land acquisition in the kingdom. PLUS: HBS International, Mubasher Capital, nauTix, Orascom Construction + Hitachi + Colas Rail, Samnoud Textiles
Mountain View has acquired its first plot of land in a “strategic location” in Riyadh
New electricity bill late fines incoming
Good morning, folks. As expected, the month is already off to a busy start with big renewable investment news, M&A…
Kasrawy Group mulling new factory to assemble Jetour, Jac autos. PLUS: Basata + MadfoatCom, Dice + Twin Top, Saint-Gobain, Fertiglobe + Orascom Construction + Scatec, Siemens
The government is now working on allocating land for the firm to build its factory
Integrated Diagnostics Holdings, Orascom Construction report earnings
Integrated Diagnostics Holding’s income was up over 80% y-o-y, while revenues rose nearly 40% in 2Q 2024
What is the gov’t doing to revive and enhance the building and property sector in the country?
The gov’t has taken steps to resume and fast-track construction permit issuance
Election uncertainty make investment managers wary of pouring funds into infrastructure projects
Some asset managers expect a pick up in investment activity following election results in November
Gov’t cracks down on electricity theft with higher tariff for those caught. PLUS: Egypt-Italy power link, veterinary vaccine factory
Electricity being consumed by buildings illegally will come at the hefty cost of EGP 2.15 per kWH
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