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Classera plans Egypt expansion
COMMODITIES- State grain buyer GASC reportedly purchased 80k tons of Russian wheat at USD 339 per ton for shipment in…
Turbulence yes, slowdown no
Despite a turbulent year, Egypt’s startup investment numbers still look quite good: While the startup world has been busy dealing…
TCI Sanmar to invest at least USD 160 mn in new loading terminal in Egypt
Indian industrial chemical manufacturer TCI Sanmar plans to invest an initial USD 160 mn to set up a loading terminal…
Say thank you to the GCC + green hydrogen for a stellar year for investments
2022 was a positive year for investments — especially as green hydrogen stole the show and we attracted lots of…
The bidding war for Pachin is heating up again
Yet another bidder vying for Pachin: Eagle Chemicals wants to acquire 100% of Paint and Chemical Industries (Pachin) for EGP…
Cabinet gives initial approval to freight transport privatization + makes some shop owners’ lives easier after Public Shops Law controversy
Are we one step closer to privatizing Egypt’s freight transport sector? Cabinet approved in principle the decision to grant a…
We could be getting USD 4 bn from Chinese and Japanese investors for renewables projects
A Chinese company and a Japanese company have submitted bids to the Electricity Ministry to invest over USD 4 bn…
The IMF is watching what happens to the EGP in January
The IMF will be keeping a beady eye on what happens to the exchange rate when the central bank ends…
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