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Telecom Egypt in MoU for subsea cable linking Africa, Asia, and Europe. PLUS: News from Madinet Masr, Moharram & Partners
The Asia-Africa-Europe-2 subsea cable system will connect Hong Kong and Singapore to Italy
Nas raises stake in EgyFert to 51.5%. PLUS: Acciona + Development and Housing Company for Utilities
Nas was initially hoping to increase its stake to 90%
Aspire Capital to roll out money market, gold investment funds in 2025. PLUS: Modern Gas + Petromaint, Samco + Maurer
Three additional funds, including a real estate fund, an FCY liquidity fund, and an equity fund, are expected in 2026
AMEA Power brings the continent’s largest windfarm online. PLUS: Hassan Allam Construction + Metito, Kima, Nawy + Safe + Farida
The plant will generate 2.5k GWh of electricity annually, powering over 500k homes
Beltone Leasing and Factoring sets up shop in SCZone. PLUS: EgyFert, Redcon Properties, Omar Effendi
Beltone’s arm will be the first NBFI to operate in the zone
Sky AD to develop a 430-feddan plot in Ras El Hekma
The real estate said last year that it was in talks with the government over a 200-600 acres plot in…
Belarusian tractors made in Egypt. PLUS: Aswan High Dam upgrade, Giza Systems to open global delivery center
Under the plan, Belarus’ state-owned agricultural machinery manufacturer MTZ would partner with an unnamed Egyptian private-sector firm
Shell wants to up its local natgas production
PLUS- Juhayna secures EGP 1.9 bn from CIB
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