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El Sisi, Xi agree to balance out trade relationship
The two agreed to allow more high-quality Egyptian products into the Chinese market
El Sisi meets with Xi Jinping in Beijing
The event saw the signing of a number of cooperation agreements between the two sides
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
CBE issues tighter regulations for financial leasing firms. PLUS: Hassan Allam + Sumou Holding JV, Magic Land Al Hokair, EGP 1.1 bn entertainment project, China hands over satellite center, EGP 1 bn auto assembly plant
The total credit facilities and investments made in the securitization portfolios of leasing companies should not exceed 5% of the…
China looks to establish industrial zone on the Mediterranean
The new industrial zone would both work to meet the needs of the local market, while also exporting to the…
War on Gaza tops talks between Shoukry and Chinese FM
China and Egypt also called for the urgent need to restore safety and security in the Red Sea
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
Chinese luggage company inks agreement for USD 50 mn factory
The factory is expected to begin production in 1Q 2025
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