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Privatization to pick up steam in 1Q 2026 as stock market incentive package nears completion
The exact dates are still being finalized, taking into account the year-end close and the rollout of the new stock…
Orascom Construction’s board approves merger with OCI Global to form new Abu Dhabi-based infrastructure giant
Good afternoon, friends, and happy hump day. The news cycle is starting to see some traction, so let’s dive in.…
Palm Hills unveils fresh details on USD 3.8 bn Abu Dhabi mega project
The project will consist of three interconnected islands
China’s CJN to set up USD 1 bn phosphate industrial park in Sokhna 360
Output will be exported to South Asia, the Middle East, Africa, and South America
Egypt’s GDP grows at 5.3% in 1Q FY 2025-2026
Good afternoon, friends, and congrats on making it through a busier-than-usual week. While we have been readying for the weekend…
Prometeon to invest USD 400 mn to boost local production
The fresh funds will go towards boosting output and upgrading the company’s existing Alexandria plant
What will the investment landscape look like next year?
Goldman Sachs Asset Management sees easing fiscal cycles and continued investment in AI as key trends that could drive portfolio…
Qatari-Egyptian consortium close to securing former NDP headquarters redevelopment project
The Sovereign Fund of Egypt is also examining several other offers for the project
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