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More funding from the AfDB. PLUS: ICON is heading to Saudi and we’re in for Indian, and German investments
The AfDB plans to lend us USD 349 mn before the end of the year
Auto spare parts importer wants to set up car engine filter factory. PLUS: Egyptian Swiss unveils EUR 6 mn expansion plan
Sea Port wants to build a USD 30 mn car engine filter factory in Tenth of Ramadan
Network of food logistic hubs planned for 2024. PLUS: Honeywell x Egypt aviation fuel
The first phases of the project are set to kick off in 2024 and begin in Ismailia
Saudi Bashayer could deploy an initial EGP 1 bn to develop industrial land in Egypt. PLUS: Japanese investment, Re.life, AirArabia, Drive Finance
SBD is partnering with an unnamed German company with “extensive experience” in waste treatment and recycling
Pachin to delist from EGX. PLUS: MPs want answers on blackouts + news from Qatari Diar, Capricorn Energy and the SME development authority
Emirati firm National Paints Holding acquired more than 80% of the company from the government earlier this year
Tourist numbers up 40% in 7M 2023 -Issa. PLUS: Egypt-Hong Kong investment ties, incorporation goes online
Egypt aims to attract 15 mn tourists to the country this year
Gov’t to up wheat cultivation area next year following disappointing 2023 harvest
Local wheat procurement reportedly fell 10% this year
Apache to invest USD 1.4 bn in Egypt in 2024. PLUS: Cairo International Airport Terminal 4, another GASC wheat tender + new solar tender
The US oil company is interested in exploring for gas in the Eastern Mediterranean
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