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More Turkish firms eye local market as relations improve
Turkish companies Vestel and Zorlu to establish a USD 70 mn joint venture in Egypt.
SCZone gets the greenlight to set up investment arm
SCZone Istithmar will manage the authority’s investments
Egypt, Turkey want to boost trade volumes by 50% over 5 years
The two countries agreed to reestablish diplomatic ties last month after a decade-long rift
Thndr to debut in Saudi Arabia next year, says CEO. PLUS: News from aiBank, an export subsidy boost, and another wheat tender
The company is looking into acquiring a license in Abu Dhabi
Egypt expresses “great concern” at Niger coup
West African states have threatened to launch a military action to depose the coup leaders
The government wants to enlist the private sector to overhaul state-owned factories
Nearly half of state-owned companies are making losses
El Sisi urges Putin to restore Black Sea grain pact
El Sisi held direct talks with Russian president Vladimir Putin during the summit last week
PM announces fresh measures to curb electricity demand amid rolling blackouts
Blackouts will continue until end of August at least, Madbouly says
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