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Maersk returns to the Red Sea, EFG Hermes advises on Kuwait IPO, and EBRD gives Alexbank green financing
Maersk vessels are slowly making their way back to Red Sea waters Shipping giant Maersk’s Sebarok ship passed through the…
Of app-ification, golden licenses, and Egyptian banks in Iraq
PLUS: Mansour Auto, China’s Deli Group get golden licenses
Elsewedy eyes the Gulf, SCZone locks in solar + pharma, and Sinai tourism investors catch a break
Elsewedy’s USD 500 mn GCC push Elsewedy Electric plans to establish nine facilities in Saudi Arabia and two in Qatar,…
Two Chinese players break ground on USD 270 mn worth of projects
PLUS- Blue Ocean Corporation opened an office in Egypt
China’s Fountain Set eyes USD 100 mn textile project
PLUS- Abou Ghaly Motors wants to localize the manufacture of motorcycles
Maridive Offshore Projects lands USD 10.2 mn Qatari contract
PLUS- Beltone Holding mulls acquiring a UAE-based company owned by a Chimera Investment sister company
Foreign reserves increase to USD 50.2 bn in November
PLUS- El Garhy Investment and Development Group upped its stake in EGX-listed Arab Developers Holding
Honeywell backs USD 530 mn sustainable aviation fuel project
PLUS- Pico Petroleum and the Egyptian General Petroleum Company will invest USD 30 mn to drill four new wells in…
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