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The lowdown on the government’s new Entrepreneurship Ministerial Committee
The committee plans to multiply startup investments in Egypt tenfold to USD 5 bn
Gov’t and World Bank collaborate on building our FDI strategy until 2030. PLUS: Madinet Masr + ASEC Automation, Mountain View, Saudi Egyptian Developers, Sokna, e&
The complete strategy to be announced in “the coming months”
Hassan Allam and ADP France submit joint proposal to manage Egyptian airports
The alliance is set to hold a series of workshops with the government to flesh out the proposal’s details
Egyptian-French consortium submits proposal to manage Egyptian airports
Good afternoon all you wonderful people, and welcome back to the workweek. Get ready for the latest on our privatization…
Baron to invest EGP 3 bn in five local hotels and Zanzibar expansion by 2026: PLUS: EFG Hermes + Maarif Education, Compass Capital + CI Capital, Green Coast, Edafa, Orascom Pyramids Entertainment, Bank NXT + Mindgate Solutions
The group is heading to Tanzania in 2025 with its first hotel outside Egypt that will house 150 suites
German companies mull EUR 1 bn iron factory, EUR 30 mn flame-resistant material factory, EUR 5 mn bicycle parts factory
The iron factory is expected to have a capacity of 2.5 mn tons per year
Qatari delegation teases North Coast development, logistics zones, data center investments, tourism investments
Industry Minister Kamel El Wazir also floated the idea of establishing a Qatari industrial zone
IFC commits USD 300 mn to sustainability bond issuance, USD 155 mn in green financing to Orascom Development, USD 150 mn to the CIB for SME on-lending
IFC subscribed to the bond with USD 300 mn, while ERBD and BII each invested some USD 100 mn in…
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