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FEDCOC calls for shops to open, close later under new opening hours
Good morning, friends. We will not only be welcoming a new fiscal year, but also a new government that is…
Saudi-Egyptian Industrial Investment mulls reviving bid for state-run El Nasr Glass; PLUS: Emaar Misr pushes forward acquisition plans, GTEX Holding’s UK retail unit receives offer
Saudi-Egyptian Industrial Investment revived its bid because of the stability in the exchange rate against the greenback
E-Tax to digitize Real Estate Tax Authority’s operations. PLUS: News from the House, Sameh Shoukry, Madinet Masr
E-Tax will work on creating “an information portal for the authority
EGP float jumpstarts Cairo’s real estate market in Q1 2024
The EGP float has reignited investor confidence and provided developers with clarity on pricing
Xinxing has another USD 250 mn worth of investments in the pipeline for Egypt. PLUS: Locally made e-bikes, MM Group Saudi expansion, Madinet Masr launches Sarai project, CIB eyes green on-lending funds, Farahy looks to GCC investors
The Chinese state-owned company just broke ground on a USD 146 mn ductile pipe factory
Egyptian-American Enterprise Fund to finance Tanmiya Capital Ventures fund. PLUS: City Lab stake sale fast approaching
The Egyptian-American Enterprise Fund will provide USD 50 mn in financing for Tanmiya Capital Ventures’ upcoming fund
What can we expect from Concrete Fashion Group post demerger?
The changing dynamics of global supply chains after the pandemic set the stage for the company’s expansion offshore
Kazyon expands into Saudi Arabia, acquiring half of discount retailer Dukan
Transaction was by an investment by an unnamed sovereign fund
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