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Logistics (MENA) 
Logic Holding snaps majority stake in Nexel
The acquisition plays right into Logic’s growth plans across key markets in the region
Raya Auto to set up USD 50 mn EV assembly plant next year
PLUS- Emirates Airlines has inaugurated its Emirates World store in Cairo
Marakez unveils new hotel in District 5 — Urbane
PLUS- The Political Affairs Committee held its first meeting yesterday
Private equity firm RMBV plans to invest USD 100 mn in Egypt in 2025
PLUS- Egytrans and Saudi-based Links Investments have launched Egytrans Arabia
Turkish Klepsam to build Egypt’s largest sanitary ware plant
PLUS- The first ever state visit by a Kenyan president sees raft of agreements inked
Gov’t on the lookout for new partner for USD 2.3 bn pumped storage hydropower project in Ataka. PLUS: KFH Egypt, Dsquares + Prepit, CI Capital, Aria Technologies, MM Group, Coca Cola
China's SinoHydro initially inked an agreement to build the 2.4 GW project all the way back in 2015
Simplex plans KSA expansion with Riyadh CNC factory. PLUS: Madinet Masr, Taqa Arabia, Money Fellows, Al Amal Auto
The planned factory will be funded by its Saudi partner
Bonyan taps Baker Tilly as independent financial advisor to determine share fair value ahead of IPO. PLUS: BP + Metallurgical Industries Holding + Egyptian Anode Blocks Company, AMOC
Bonyan secured approval from the EGX’s listing committee last week
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