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Banque Misr backs the country’s first onshore private investment in public equity fund. PLUS: Arab Contractors + CSCEC, Oriental Industrial Projects
Its other backers include E-finance, CIB, Suez Canal Bank, Misr Life Ins., and Midbank
My Morning Routine: Shamel Aboul Fadl, executive chairman of Bonyan
“As a serial entrepreneur, I’ve always been drawn to setting up and investing in companies with strong potential”
Cheiron Energy secures USD 75 mn syndicated loan
PLUS- FRA raises maximum credit limit for micro enterprises
Government lays out target to slash customs times to two days by the end of this year. PLUS: Saudi Egyptian Industrial Investment, Orascom Financial Holding + Klivvr Holding, NIO, Prometeon Tyre, Bonyan
The government also recently inked agreements with Saudi Arabia, UAE, and Bahrain to cut the time down from a few…
Baron to invest EGP 3 bn in five local hotels and Zanzibar expansion by 2026: PLUS: EFG Hermes + Maarif Education, Compass Capital + CI Capital, Green Coast, Edafa, Orascom Pyramids Entertainment, Bank NXT + Mindgate Solutions
The group is heading to Tanzania in 2025 with its first hotel outside Egypt that will house 150 suites
Compass Capital’s Bonyan mulls IPO
Bonyan reportedly plans to list its shares by year-end
Bonyan expands portfolio with acquisition in Redcon's Golden Gate project
Redcon is eying the residential sector with target properties in the North Coast and Fifth Settlement
Chevron to start Nargis gas production in 2025. PLUS: Redcon + Compass, PaySky has big plans, New Administrative Capital construction
Chevron wants to ramp up production to 1 bn cf within two years
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