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Contact Financial is setting up an ins. consultancy firm. PLUS: News from Banque Misr, Visa, Misr Ins., Emaar Misr
The firm will have an initial capital of EGP 10 mn and will provide comprehensive ins. services
Egypt could soon welcome its first SPAC. PLUS: News from NREA, Raya, New Jersey Developments
Catalyst Partners has applied for a SPAC license
Gov’t wants to set up a pharma raw material hub. PLUS: News from OPay, Telecom Egypt, Madinet Masr
The hub will aim to meet local market needs and regional exports
We have a USD 500 mn fertilizer plant in the making. PLUS: Fresh oil agreements, investments
Indorama is building a USD 400-500 mn phosphate fertilizers plant in Ain Sokhna
Cabinet approves decision to cut down on electricity theft. PLUS: News from CIB, Tanmeyah
The government is working to reduce energy consumption by 18% by 2035
Progress on the new capital’s finance hub. PLUS: News from BRICS, Madbouly cabinet
The center is an area of the new capital that will house financial institutions
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…
The fine print in Fertiglobe’s green ammonia offtake agreement with Germany. PLUS: News from IDA, ITIDA, Korra Group
The agreement hinges on finalizing the investment agreement between the partners of Egypt Green Hydrogen
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