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Infrastructure 
OIH is planning four new hotels
Orascom Investment Holding (OIH) has earmarked USD 200-300 mn to build four new hotels — two in the North Coast,…
Last Night’s Talk Shows: New foreign withdrawal limits + More on privatization
New foreign withdrawal limits imposed by some local banks headlined last night’s talk shows. Veteran banker Sahar El Damaty urged…
Current account narrows in FY 2021-2022 despite turbulence
Egypt’s current account deficit narrowed by 10.2% to USD 16.6 bn in FY 2021-2022, buoyed by oil and non-oil exports,…
THIS EVENING: OIH plans to invest USD 200-300 mn in four new hotels, Naguib says + Putin formalizes Russia’s annexation of Ukrainian territories
Happy long weekend, ladies and gentlemen. It’s the end of the workweek here in Omm El Donia as we kick…
Algebra Ventures nets USD 100 mn first close on second fund
Venture capital firm Algebra Ventures’ second fund has reached a USD 100 mn first close, surpassing the USD 90 mn…
Manufacturers: Listen up at the coming economic conference
Manufacturers can expect to get a “clear” strategy on how the government plans to shore up local industry at the…
Kuwait’s Agility to invest USD 60 mn setting up hubs for logistics and customs
Kuwait’s Agility Logistics plans to invest USD 60 mn to set up and operate two customs and logistics services hubs…
THIS EVENING: Kuwait’s Agility Logistics to invest USD 60 mn in customs, logistics hubs + UK gov’t makes about-face on income tax cut amid market turmoil
Good afternoon, friends. There are some interesting moves on logistics and infrastructure investments happening here on the home front, while…
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