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AD Ports subsidiary acquires Egyptian maritime services provider Safina
AD Ports acquired a 70% stake in Safina’s parent company IACC Holdings in 2022
AD Ports inks USD 3 mn initial agreement to run three cruise terminals. PLUS: ex-NDP HQ complex, Russian EV factory, Tasweyat capital increase
AD Ports is expected to ink the final 15-year concession agreement in 1Q 2024
Chinese state-owned company eyes USD 10 bn solar project in Egypt. PLUS: Abu Dhabi Ports, cabinet news, CBE Treasury bills, KfW development finance, Giza Systems, ADQ x Pyramids FC
The solar project will have a capacity of 10 GW
THIS EVENING: ADP signs final contract to operate Safaga Port container terminal + China Electric Power Equipment and Technology to develop 10 GW solar project
Good afternoon, ladies and gentlemen and happy almost-THURSDAY. We’re within arm’s reach of the start of a long weekend for…
Disruptech invests in Banknbox. Plus: Alstom, Catalyst Capital, Abu Dhabi Ports, Capricorn, ITIDA
FINTECH- #1- Disruptech invests in fintech player Banknbox: Local fintech VC firm Disruptech has inked an agreement with digital banking…
Foreign investors can become importers + expat car import program gets extension
MPs also approved handing the rights to develop the Safaga Port to a consortium of three companies including AD Ports
House passes cost-of-living payout, tax break
Our income tax threshold has now risen 275% in just nine years
House committees sign off on tax cut, expat car import scheme 2.0 + ADP Safaga port contract
President Abdel Fattah El Sisi last month directed the government to raise the income tax exemption threshold as part of…
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