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ACUD’s assets have tripled in value post float. PLUS: News from NBE, ITIDA, Al Ahly Momkn, IFC, Capricorn Energy
Three industrial developers have so far submitted offers for 1 mn sqm plots each in phase 2 of the new…
Egypt, Italy sign agreements to back MSMEs, vocational training, and much more
Italy’s Deposits and Loans Fund is providing a total of EUR 145 mn to support MSMEs in Egypt
SCZone greenlights new industrial projects
The projects include Orascom’s EGP 13 bn industrial complex and DNM’s USD 40 mn denim factory
Foreign investors ink USD 353 mn worth of industrial projects
Egypt signed three separate industrial investment agreements with companies from China, Poland, and France
THIS EVENING: Egypt signs three industrial investment agreements + NUCA is taking its first sukuk issuance to market
Good afternoon, wonderful people. We have a mixed bag of news on the local front as the week begins to…
Industry players are hoping for a fresh gov’t support package after the EGP float
Any fresh financing initiative for industry would likely see interest rates 20% higher than the last 11% package
Saint-Gobain lays the foundation for its EUR 175 mn glass factory
The project is the French company’s third glass factory in Egypt
Cabinet extends deadline for foreigners to sort out residency permits
Foreigners now have until August to legitimize their residency
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