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A USD 50 mn home appliances complex incoming?
PLUS- The Financial Regulatory Authority bumped up the limit on microins. coverage
Palm Hills will expand to Abu Dhabi
PLUS- Fawry acquires 51% of enterprise resource planning software company Dirac Systems
Ezz Elsewedy to pump USD 100 mn into auto manufacturing
Ezz Elsewedy wants to set up two additional factories in the 6th of October Industrial Zone
Elsewedy Electric launches the largest telecom cables factory in the Middle East
The factory will have a production capacity of 4 mn km of fiber-optic cables
Orascom Development, Rameda, EgyptAlum, Ibn Sina Pharma, Qalaa Holdings, and Eipico join the EGX30 after index review
Ezz Steel, B Investments, Faisal Islamic Bank of Egypt, Cleopatra Hospitals, Elsewedy Electric, Heliopolis Housing were removed from the blue-chip…
Orascom Construction, Hassan Allam Construction, Elsewedy Electric’s Rowad near completion of USD 1 bn Tripoli Third Ring Road. PLUS: SIAC Construction, Al Amal Auto + Forthing, Ariston, Telecom Egypt + Cisco
The consortium will complete the project “very soon,” said Libyan Prime Minister Abdul Hamid Dbeibah
Nas Investments makes 90% EgyFert acquisition bid official with MTO. PLUS: Heliopolis Housing, JA Solar + AMEA Power, Healthy, Elsewedy Electric, Misr Petroleum, Ezdehar, Robbiki Leather City
M&A- UAE-based Nas Investments Holding submitted a mandatory tender offer to acquire an additional 57.5% stake in EGX-listed fertilizers player…
Entrepreneurship Ministerial Committee to release its start-up charter to support the sector in 1Q 2025. PLUS: UVAII Venture Studio, Electra + Elsewedy Electric, AT Lease, Kima, StrategizeIT, Air Arabia, G-Tec Education
The government wants to increase startup investments tenfold to USD 5 bn
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