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Karnak Garments to build USD 15 mn textile factory in Sadat City
Also: Zamalek SC to set up an independent company to manage football operations
Maersk is returning its MECL service to the Suez Canal
Good morning, friends. It’s a morning fit for regulators, with our three top stories connected by a common thread. The…
Chinese smartphone component makers eye Egypt entry
Plus: Beltone earns financial governance certification, launches AML compliance process
Consortium bids for a further 13.42% of Spinalex, stopping just before a mandatory buyout
The EGP 15 offer barely clears the market price — an opportunistic move, not a grab for control
Orascom Pyramids plans to raise Giza Plateau investment to EGP 2 bn
Plus: Korra Energi lands EGP 470.7 mn contract for GennVax’s Ain Sokhna vaccine plant
Indorama closes in on USD 348 mn IFC, EBRD debt package for Ain Sokhna fertilizer complex
Plus: Elsewedy Electric pours USD 200 mn into recycling, copper, and aluminum projects
Our first wind turbine factory moves forward with a wind farm on the side
Plus: The government wants to add some 5 GWh of battery storage capacity by 2027
Will China’s zero-tariff policy actually boost our exports?
To capitalize on the two-year window, local exporters must fundamentally rethink how they approach the world’s largest consumer market
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