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OCI board backs Sawiris’ buyout, Genel-Capricorn in Egypt, and Raya-Ascom on Ostool
Plus: The Badreldin family is taking 100% of Arkan Plaza
Pegasus and Glaucus join Cypriot gas fields pumping our way
The agreement cements Egypt’s strategy to act as an East Med infrastructure middleman
AstraZeneca to nearly double local pill production by 2028 as part of USD 50 mn plan. PLUS: BAIC Group, Fiat + Dynamic Distribution, Capricorn, Jaz Hotel Group, Ferrum Egypt, NextEra, Makanak, Melee, City Lab
The big pharma giant also wants to localize 80% of units produced at its Egypt plant by 2028
ACUD’s assets have tripled in value post float. PLUS: News from NBE, ITIDA, Al Ahly Momkn, IFC, Capricorn Energy
Three industrial developers have so far submitted offers for 1 mn sqm plots each in phase 2 of the new…
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…
TAQA Arabia launches Tanzania’s first CNG station. PLUS: News from Capricorn Energy, NERIC, Samcrete, Cashcall
The CGN station is the first of 12 stations TAQA will set up in Tanzania
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
New pipeline to up Israeli gas exports (and lots more news)
The pipeline should be operational in two years’ time
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