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Saudi’s Al Mousa Cables eyes Egypt expansion with EUR 50 mn factory. PLUS: World Bank, African Development Bank, Eva Pharma, Beach Safari
The first phase of the project is set to begin operating in mid-2025
China’s New Hope Group mulls USD 100 mn feed production complex. PLUS: FutureFert, Madinet Masr + Carrefour, Halliburton, Al Kbous Tea, Egyptian Swiss Group, Innovo, Ecaru
The company, which has five factories in Egypt producing some 650k tons of feed annually, plans to expand production to…
Hassan Allam Properties buys 110K sqm of El Gouna from Orascom Development for USD 37.4 mn. PLUS: Allianz Egypt, Tadweer, Chefaa, Luna, Didi
The sale is expected to attract investments in El Gouna’s infrastructure, amenities, and facilities
T&C Garments readies investments to up production 30% 2026. PLUS: Madinet Masr, Urban Development Fund, ZeroCarbon, ERG Development
The investments will go towards adding new production lines, as well as replacing and restoring older machines
Vanguard worries US regulators could put caps on the stakes passive funds take in banks and utilities
Passive funds are under fire from the left for failure to act on climate and on the right for practicing…
Marriott to open new Downtown hotel. PLUS: News from Infinity, Azimut, Arco, Madinet Masr
The hotel, set to open in 2029, will be within close proximity to Tahrir Square, the Egyptian Museum, and the…
UAE’s Beeah to invest USD 136 mn in Egypt. PLUS: News from BP, Lionsbridge, Tourism Ministry
The firm was tapped in December to develop the solid waste management infrastructure in the new capital
Infinity Power eye USD 10.5 bn in renewables, EV infrastructure investments over the next five years. PLUS: British International Investment, Ezdehar, Azimut, Flynas
USD 10 bn will go towards renewables investments, while the remaining USD 500 mn will develop Infinity’s EV charging infrastructure…
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