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GAFI wants to set up three new investment zones
The allocation process is expected to wrap up within two months
TMG’s SouthMed rakes in USD 4.2 bn of sales in six days
Good morning, friends, and happy long weekend. We hope you enjoy a well-earned break with family and friends. Dreaming of…
Emirati-Egyptian partnership to launch USD 500 mn Nile-side development. PLUS: Talaat Moustafa Group, ACWA Power + AMEA Power, Elsewedy, Admaius, Concrete, Puma
The project will see the construction of three mixed-use towers and a five-star hotel
Record sales for TMG’s SouthMed jump to EGP 200 bn in six days
Good afternoon, friends. The news cycle has kept easing us into the last days before the much-anticipated long weekend. THE…
Eni looks to up production with plans to drill new wells. PLUS: IBRD allocates loan to help develop railway line, Madinet Masr taps construction company to work on Sarai
Back in April, it was reported that Eni had slowed down exploration operations in Egypt
Adeer to set up mixed-use development in East Cairo alongside Paragon
The Saudi real estate developer has plans to partner with Egyptian companies on projects in Egypt and Saudi
Azimut one step closer to launching shariah-compliant fund after getting FRA approval. PLUS: Neom, LRT, Adeer + Hassan Allam Properties + Melee Development
The fund will invest in stocks listed on the EGX’s newly-launched shariah-compliant EGX33
Japan’s Saraya mulls another two SCZone projects. PLUS: Yacht tourism, City Lab + Cairo Clinical Labs, Afreximbank, Instapay, Mermec, Kima, Exits, Eagles Fert, Sky Abu Dhabi, Azimut
The projects would come as part of the second phase of the company’s USD 25 mn investment plan in Egypt
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